# Urea keeps rising, while Potash declines.

> South African retail prices for the week to February 1 show urea granular up 4.0% week on week to R8,204, while MAP fell 1.2% and KCl granular fell 3.4%. Market talk points to a possible Indian urea tender and Middle East urea rising about $20/t to near $380/t FOB.

- Date: 2024-02-02 · published 2024-02-02T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/31976-urea-keeps-rising-while-potash-declines
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expected Indian buying and tight Northern Hemisphere urea supply support higher nitrogen fertilizer costs, while softer potash prices offer some offset for crop input budgets.

## Read by commodity

- UREA: bullish ▲
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-07-29 | [Urea market on fire, stronger Rand keeps Phosphates and Potash stable.](https://feedsoft.ai/events/4757-urea-market-on-fire-stronger-rand-keeps-phosphates-and-potash-stable.md) | -5.9% | -10.4% |
| UREA | 2022-05-06 | [Urea price declines slow ahead of major RCF purchasing inquiry](https://feedsoft.ai/events/8654-urea-price-declines-slow-ahead-of-major-rcf-purchasing-inquiry.md) | +0.4% | -17.1% |
| UREA | 2023-02-24 | [Long-awaited correction to Potash, while the Indian tender pauses the Urea price crash.](https://feedsoft.ai/events/5684-long-awaited-correction-to-potash-while-the-indian-tender-pauses-the-urea-price.md) | -1.3% | -3.2% |
| UREA | 2023-09-17 | [Potash Unchanged Whilst Urea & Ammonia Under Scrutiny \| CZ app](https://feedsoft.ai/events/34451-potash-unchanged-whilst-urea-and-ammonia-under-scrutiny-cz-app.md) | -0.5% | -6.2% |
| UREA | 2025-01-06 | [India’s Urea Tender Falls Short, Potash Prices Rise \| CZ app](https://feedsoft.ai/events/11882-india-s-urea-tender-falls-short-potash-prices-rise-cz-app.md) | +4.0% | +14.8% |

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/agri-index/68-crops/10340-urea-keeps-rising-while-potash-declines

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.