# Fertiliser Focus – 15th February 2021 - COFCO

> CF Industries withdrew its NPK terms on February 11 and 12, and distributors were still waiting for new terms at publication. India is expected to hold its next urea tender after February, and global urea availability is described as tight with UK and European stocks low. A 2021 potash contract with a Chinese buyer was reported at $27 above 2020 levels.

- Date: 2021-02-15 · published 2021-02-15T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48569-fertiliser-focus-15th-february-2021-cofco
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A delayed Indian urea tender that could be larger than expected, combined with tight stocks and higher potash contract prices, supports firm nitrogen and potash prices and raises costs for feed grain producers.

## Read by commodity

- UREA: bullish ▲
- POTASH: bullish ▲

## Sources

- uk.cofcointernational.com: https://uk.cofcointernational.com/fertiliser-focus-15th-february-2021/

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