# PWNI makes first decline of 2021; urea market activity stalls as participants await outcome of latest Indian purchasing tender

> The Profercy World Nitrogen Index fell 3.06 points to 181.47, its first decline of 2021, as urea values softened, particularly in the east. Activity stalled while buyers awaited the outcome of India's urea tender, which drew acceptances of just over 1.3m tonnes, mostly to be supplied from China. Prices also fell in the Baltic and the Middle East as sellers lowered expectations to secure orders.

- Date: 2021-03-26 · published 2021-03-26T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/48432-pwni-makes-first-decline-of-2021-urea-market-activity-stalls-as-participants
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

India's need to import more urea in Q2 supports demand, but thin activity elsewhere has pushed prices lower. Feed buyers should expect urea costs to ease in the near term while the Indian tender is absorbed.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| UREA | 2022-11-18 | [Urea takes a big knock on the back of the latest Indian tender, other nutrients stay flat.](https://feedsoft.ai/events/38994-urea-takes-a-big-knock-on-the-back-of-the-latest-indian-tender-other-nutrients.md) | -2.4% | -11.8% |
| UREA | 2026-05-27 | [Participants doubt Indian tender will reverse bearishness in urea markets \| S&P Global](https://feedsoft.ai/events/7283-participants-doubt-indian-tender-will-reverse-bearishness-in-urea-markets-s-and.md) | -21.1% | -31.2% |
| 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 | 2025-09-04 | [India’s Record Urea Tender Shakes Fertilizer Markets](https://feedsoft.ai/events/6878-india-s-record-urea-tender-shakes-fertilizer-markets.md) | -0.6% | -5.5% |

## Sources

- profercy.com: https://www.profercy.com/insights/pwni-makes-first-decline-of-2021-urea-market-activity-stalls-as-participants-await-outcome-of-latest-indian-purchasing-tender

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