# Urea takes a big knock on the back of the latest Indian tender, other nutrients stay flat.

> Urea prices fell in all major markets, by roughly 5% in most cases, after the latest Indian tender. The tender drew over 2 million tons of offers and was fixed at about $575/t CFR India, below the October level of $650/t. India accepted 1.4 million tons, well above its 500,000-600,000 ton target.

- Date: 2022-11-18 · published 2022-11-18T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/38994-urea-takes-a-big-knock-on-the-back-of-the-latest-indian-tender-other-nutrients
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A large Indian purchase at a lower price pulled Middle East FOB urea down by about $40/t to around $550/t. Weak demand elsewhere means further pressure on urea prices for feed and crop input buyers.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-05-01 | [Big leap in the Rand wipes out the drop in urea and pushes other nutrient prices up.](https://feedsoft.ai/events/6217-big-leap-in-the-rand-wipes-out-the-drop-in-urea-and-pushes-other-nutrient.md) | -2.3% | -11.6% |
| UREA | 2026-10-02 | [Urea price rally stalls on sluggish Brazilian demand as market awaits India's latest tender](https://feedsoft.ai/events/654-urea-price-rally-stalls-on-sluggish-brazilian-demand-as-market-awaits-india-s.md) | -1.4% | +1.1% |
| UREA | 2026-10-11 | [India’s Latest Urea Tender Signals Relief on Global Fertiliser Costs](https://feedsoft.ai/events/17353-india-s-latest-urea-tender-signals-relief-on-global-fertiliser-costs.md) | +2.6% | — |
| UREA | 2021-03-26 | [PWNI makes first decline of 2021; urea market activity stalls as participants await outcome of latest Indian purchasing tender](https://feedsoft.ai/events/48432-pwni-makes-first-decline-of-2021-urea-market-activity-stalls-as-participants.md) | -3.6% | -1.5% |
| UREA | 2023-08-13 | [Urea Values Fall After Indian Tender \| CZ app](https://feedsoft.ai/events/34501-urea-values-fall-after-indian-tender-cz-app.md) | -0.4% | +6.5% |

## Sources

- farmingportal.co.za: https://farmingportal.co.za/index.php/farming-news/international-news/8740-urea-takes-a-big-knock-on-the-back-of-the-latest-indian-tender-other-nutrients-stay-flat

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