# Changes in international fertilizer prices from January 12 - January 19.

> Urea prices rose in most regions during the week of January 12 to 19, with Middle East FOB near $350 per tonne and Southern Europe CFR near $380. Brazil granular urea traded at $350-360 CFR and the US barge FOB price briefly reached $330. Indonesian and Chinese export reductions tightened supply east of Suez, while Red Sea and Panama Canal tensions added pressure.

- Date: 2024-01-22 · published 2024-01-22T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4572-changes-in-international-fertilizer-prices-from-january-12-january-19
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Reduced exports from Indonesia and China, along with shipping tensions, tighten global urea availability and support higher prices for nitrogen used in feed grain production.

## Read by commodity

- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2024-01-26 | 1 | +10.5% | 10.5 | Weekly price data show urea rising across regions as Indonesian and Chinese export cuts tightened supply east of Suez, consistent with upward momentum, though it predates the move by several days. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-02-05 | [Changes in international fertilizer prices from January 26 - February 2.](https://feedsoft.ai/events/32007-changes-in-international-fertilizer-prices-from-january-26-february-2.md) | +1.4% | +11.5% |
| UREA | 2024-01-08 | [Changes in international fertilizer prices from December 22 - January 5.](https://feedsoft.ai/events/11084-changes-in-international-fertilizer-prices-from-december-22-january-5.md) | +2.1% | +13.0% |
| UREA | 2023-07-22 | [Downturn in International Fertilizer prices appears to be over.](https://feedsoft.ai/events/7007-downturn-in-international-fertilizer-prices-appears-to-be-over.md) | +31.8% | +18.1% |
| UREA | 2023-12-29 | [Bangladesh bolsters fertilizer stock with international tenders - Fertilizer Daily](https://feedsoft.ai/events/33050-bangladesh-bolsters-fertilizer-stock-with-international-tenders-fertilizer-daily.md) | -0.8% | +13.7% |
| UREA | 2023-12-26 | [January '24 Farmer Fertilizer Focus - Urea](https://feedsoft.ai/events/32634-january-24-farmer-fertilizer-focus-urea.md) | -1.6% | +0.2% |

## Sources

- kelewell.de: https://www.kelewell.de/en/post/changes-in-international-fertilizer-prices-from-january-12-january-19

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