# Urea Prices to Struggle for Next Few Months | CZ app

> Analysts expect urea prices to stay under downward pressure for the next couple of months ahead of India's RCF tender, where offers are expected below US$300/mt CFR. Middle East prices were quoted at US$280-290 FOB, and freight from Russia has fallen about US$25 per tonne.

- Date: 2023-06-11 · published 2023-06-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/35812-urea-prices-to-struggle-for-next-few-months-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expectations of lower urea prices reduce nitrogen input costs for grain production, a bearish signal for fertilizer-linked costs in corn and wheat supply chains.

## Read by commodity

- UREA: bearish ▼

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-prices-to-struggle-for-next-few-months/

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