# Farmer Fertilizer Focus - Urea

> StoneX analyst Josh Linville expects urea values to be steady to softer over the next month following the latest India purchase tender. The tender offered a small volume of about 1.65 million tonnes with very wide price spreads. Linville says the world market remains fundamentally supported by tight trade balances and signs of reduced Chinese exports.

- Date: 2021-08-03 · published 2021-08-03T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/45859-farmer-fertilizer-focus-urea
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Expected softness in urea over the coming month lowers near-term fertilizer costs, but tight global balances suggest a rebound later. Feed and grain producers should watch Indian tender results and Chinese export policy for direction.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- PHOSROCK: neutral

## Sources

- stonex.com: https://www.stonex.com/en/insights/farmer-fertilizer-focus-urea-2021-08-03/
- stonex.com: https://www.stonex.com/en-us/insights/farmer-fertilizer-focus-phosphates-2021-08-03/

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