# Urea Values Fall After Indian Tender | CZ app

> The Indian urea tender closed August 9 with offers near USD 396-399 CFR, about USD 10-15 below expectations, and received 3.38 million MT of offers. Chinese netbacks fell to about USD 375 FOB and Brazilian CFR prices dropped to around USD 400.

- Date: 2023-08-13 · published 2023-08-13T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/34501-urea-values-fall-after-indian-tender-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower tender prices pulled global urea values down, easing nitrogen costs for feed and grain producers, though China's export delays could reverse the decline.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-10-28 | [Urea Prices Dip After India Tender Delay \| CZ app](https://feedsoft.ai/events/5407-urea-prices-dip-after-india-tender-delay-cz-app.md) | -3.6% | -5.5% |
| UREA | 2024-11-11 | [India Tender Pushes Urea Prices Lower \| CZ app](https://feedsoft.ai/events/27320-india-tender-pushes-urea-prices-lower-cz-app.md) | +0.5% | +1.3% |
| UREA | 2024-11-04 | [India's Urea Tender Fails to Revive Prices \| CZ app](https://feedsoft.ai/events/27723-india-s-urea-tender-fails-to-revive-prices-cz-app.md) | -2.0% | -1.9% |
| UREA | 2025-02-24 | [Urea Prices Stall Amid Delayed India Tender \| CZ app](https://feedsoft.ai/events/7457-urea-prices-stall-amid-delayed-india-tender-cz-app.md) | -0.3% | -4.4% |
| UREA | 2023-06-04 | [India Announces 800k Tonne Urea Tender \| CZ app](https://feedsoft.ai/events/8823-india-announces-800k-tonne-urea-tender-cz-app.md) | +0.5% | +3.4% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-values-fall-after-indian-tender/

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