# Malaysian granular urea hits $1000pt fob as Chinese absence continues to be felt in the east

> Petronas committed granular urea at $1,000/t FOB for a 6,000t cargo loading in Malaysia for late December, an increase of over $100/t from prior bids. China's export absence and tight global supply have left buyers scrambling, with South Korea facing a acute shortage that threatens its diesel exhaust fluid supply chain.

- Date: 2021-11-12 · published 2021-11-12T12:00:00.000Z
- Category: trade · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/44340-malaysian-granular-urea-hits-1000pt-fob-as-chinese-absence-continues-to-be-felt
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

With China out of the export market, urea prices are at record levels in Asia, raising nitrogen costs for feed grain producers and tightening supply for industrial and agricultural users alike.

## Read by commodity

- UREA: bullish ▲
- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-09-03 | [Urea market rallies in the west, while east continues to await Indian announcement](https://feedsoft.ai/events/5162-urea-market-rallies-in-the-west-while-east-continues-to-await-indian.md) | +8.6% | +43.5% |
| UREA | 2026-01-07 | [Middle East granular urea sold in high $410s/t fob \| Latest Market News](https://feedsoft.ai/events/21365-middle-east-granular-urea-sold-in-high-410s-t-fob-latest-market-news.md) | +1.5% | +16.3% |
| UREA | 2024-01-10 | [Egypt commits over 100,000t of urea in less than two days as market rallies](https://feedsoft.ai/events/32436-egypt-commits-over-100-000t-of-urea-in-less-than-two-days-as-market-rallies.md) | +1.6% | +12.1% |
| UREA | 2024-05-28 | [China Absence, India Tender Creates Urea Market Rally \| CZ app](https://feedsoft.ai/events/30180-china-absence-india-tender-creates-urea-market-rally-cz-app.md) | -2.7% | +4.2% |
| UREA | 2024-02-05 | [Positive Price Momentum Continues in Urea Market \| CZ app](https://feedsoft.ai/events/31594-positive-price-momentum-continues-in-urea-market-cz-app.md) | +1.4% | +11.5% |
| DIESEL | 2025-10-19 | [Diwali for refiners: India’s diesel exports to Europe in September highest since 2017 - The HinduBusinessLine](https://feedsoft.ai/events/10180-diwali-for-refiners-india-s-diesel-exports-to-europe-in-september-highest-since.md) | +10.0% | +16.1% |
| DIESEL | 2020-07-16 | [Russia ships Baltic diesel to Mediterranean as regional refineries cut runs](https://feedsoft.ai/events/52306-russia-ships-baltic-diesel-to-mediterranean-as-regional-refineries-cut-runs.md) | +2.5% | +0.6% |
| DIESEL | 2017-06-28 | [Traders send most Mideast, US diesel to Europe - Gulf Times](https://feedsoft.ai/events/70700-traders-send-most-mideast-us-diesel-to-europe-gulf-times.md) | +4.9% | +13.5% |

## Sources

- profercy.com: https://www.profercy.com/insights/malaysian-granular-urea-hits-1000pt-fob-as-chinese-absence-continues-to-be-felt-in-the-east

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