# Changes in international fertilizer prices from January 5 - January 12.

> International urea prices rose in the week of January 5-12 after a surge in short-covering, with Egypt FOB at $375/t and North Africa up to $380/t. Brazil CFR reached $345-350/t and the US February FOB was around $310/t. A Indian NFL tender drew offers as low as $316.8/t CFR West Coast, and traders covered short positions in Europe.

- Date: 2024-01-15 · published 2024-01-15T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/32430-changes-in-international-fertilizer-prices-from-january-5-january-12
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Short-covering and India's tender activity lifted nitrogen fertilizer prices, raising input costs for corn and wheat growers that feed into feed-grain pricing.

## Read by commodity

- UREA: bullish ▲

## Sources

- kelewell.de: https://www.kelewell.de/en/post/changes-in-international-fertilizer-prices-from-january-5-january-12

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