# Nola urea values see extreme volatility as global market searches for a new equilibrium in 2022

> India's IPL urea tender booked close to 1.2 million tonnes for January shipment, below many market expectations. Prices in the tender were about $894 to $899.50 per tonne CFR, and Middle East, Malaysian and Black Sea cargoes sold at lower levels. European buyers had not yet returned after the holidays.

- Date: 2022-01-07 · published 2022-01-07T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/4584-nola-urea-values-see-extreme-volatility-as-global-market-searches-for-a-new
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Weaker Indian tender demand leaves excess urea supply that must move to discounted markets, pressuring global nitrogen prices. Lower fertilizer costs can support farm margins for feed grain producers.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-02-15 | [India loses its premium over global market following latest urea purchasing inquiry 15.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/43021-india-loses-its-premium-over-global-market-following-latest-urea-purchasing.md) | +0.4% | +43.3% |
| UREA | 2024-04-29 | [Urea prices test 2023 lows as China weighs up return to global market](https://feedsoft.ai/events/9420-urea-prices-test-2023-lows-as-china-weighs-up-return-to-global-market.md) | -7.7% | -6.1% |
| UREA | 2021-04-09 | [PWNI continues to descend as urea market seeks post India price floor](https://feedsoft.ai/events/47906-pwni-continues-to-descend-as-urea-market-seeks-post-india-price-floor.md) | -1.3% | -3.7% |
| UREA | 2026-09-09 | [Urea eases to $443/t as Hormuz negotiations and China’s export surge quiet global supply fears](https://feedsoft.ai/events/17786-urea-eases-to-443-t-as-hormuz-negotiations-and-china-s-export-surge-quiet.md) | +3.0% | -3.0% |
| UREA | 2020-03-27 | [Urea market poised for RCF India tender](https://feedsoft.ai/events/54425-urea-market-poised-for-rcf-india-tender.md) | +0.8% | 0.0% |

## Sources

- profercy.com: https://www.profercy.com/insights/nola-urea-values-see-extreme-volatility-as-global-market-searches-for-a-new-equilibrium-in-2022

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