# PWNI continues to descend as urea market seeks post India price floor

> The Profercy World Nitrogen Index fell for a third straight week as urea softened in most major regions. India booked about 800,000t for April shipment against 1.332m t offered, leaving near 1m t of Chinese availability. Chinese prilled offers dropped to the high $320s/t fob, and Egyptian offers fell to at least $370/t fob.

- Date: 2021-04-09 · published 2021-04-09T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/47906-pwni-continues-to-descend-as-urea-market-seeks-post-india-price-floor
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Excess Chinese supply and India's smaller-than-offered purchase are pressuring global nitrogen prices lower, which lowers the input cost outlook for fertilizer-linked feed and grain production. Buyers are holding out for lower prices, so further softness is likely until the next tender.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-05-01 | [India's return factored in as worldwide urea prices continue to tumble](https://feedsoft.ai/events/53442-india-s-return-factored-in-as-worldwide-urea-prices-continue-to-tumble.md) | -16.7% | -25.7% |
| UREA | 2025-03-24 | [Urea Continues to Fall as Phosphate Prices Surge \| CZ app](https://feedsoft.ai/events/25505-urea-continues-to-fall-as-phosphate-prices-surge-cz-app.md) | -0.6% | +6.6% |
| 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% |
| UREA | 2024-04-21 | [Urea Market Set to Dip as China Returns, India Cuts Imports \| CZ app](https://feedsoft.ai/events/30660-urea-market-set-to-dip-as-china-returns-india-cuts-imports-cz-app.md) | -0.5% | -6.7% |
| 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% |

## Sources

- profercy.com: https://www.profercy.com/insights/pwni-continues-to-descend-as-urea-market-seeks-post-india-price-floor

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