# Changes in international fertilizer prices from January 26 - February 2.

> Urea prices east of the Suez Canal are rising again as demand increases, with Europe CFR at $420-425/t and Southeast Asia FOB at $390/t. Several Iranian plants have shut or cut output, and India plans to cut its import urea budget for fiscal 2024-25.

- Date: 2024-02-05 · published 2024-02-05T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/32007-changes-in-international-fertilizer-prices-from-january-26-february-2
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight supply east of Suez and expected Indian tenders support urea prices through early March, while Chinese export returns could cap gains from April.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-01-22 | [Changes in international fertilizer prices from January 12 - January 19.](https://feedsoft.ai/events/4572-changes-in-international-fertilizer-prices-from-january-12-january-19.md) | +12.6% | +13.1% |
| UREA | 2024-01-08 | [Changes in international fertilizer prices from December 22 - January 5.](https://feedsoft.ai/events/11084-changes-in-international-fertilizer-prices-from-december-22-january-5.md) | +2.1% | +13.0% |
| UREA | 2023-07-22 | [Downturn in International Fertilizer prices appears to be over.](https://feedsoft.ai/events/7007-downturn-in-international-fertilizer-prices-appears-to-be-over.md) | +31.8% | +18.1% |
| UREA | 2023-12-29 | [Bangladesh bolsters fertilizer stock with international tenders - Fertilizer Daily](https://feedsoft.ai/events/33050-bangladesh-bolsters-fertilizer-stock-with-international-tenders-fertilizer-daily.md) | -0.8% | +13.7% |
| UREA | 2023-12-26 | [January '24 Farmer Fertilizer Focus - Urea](https://feedsoft.ai/events/32634-january-24-farmer-fertilizer-focus-urea.md) | -1.6% | +0.2% |

## Sources

- kelewell.de: https://www.kelewell.de/en/post/changes-in-international-fertilizer-prices-from-january-26-february-2

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