# Uncertainty Brings Fertiliser Markets to Near Halt | CZ app

> Urea price declines paused as Middle East and Egyptian spot values had fallen roughly USD 30-50/tonne since the start of the month. Traders are waiting on clarity about China's confusing export restriction policy. Indonesian producer Kaltim committed about 85,000 tonnes of granular urea, largely for Australia.

- Date: 2024-04-28 · published 2024-04-28T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/5020-uncertainty-brings-fertiliser-markets-to-near-halt-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Uncertainty over Chinese export quotas is holding urea prices near mid-2023 floor levels, and the outcome will determine whether the downtrend resumes. Feed buyers should watch nitrogen input costs for corn and forage production.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-10-06 | [TFI Chicago Conference: Insights into Fertilizer Markets](https://feedsoft.ai/events/22724-tfi-chicago-conference-insights-into-fertilizer-markets.md) | -0.8% | -0.3% |
| UREA | 2025-12-11 | [Urea market braces for EU’s CBAM \| World Fertilizer](https://feedsoft.ai/events/21823-urea-market-braces-for-eu-s-cbam-world-fertilizer.md) | +1.0% | +11.2% |
| UREA | 2023-04-18 | [Why stabilising the fertiliser market matters for Europe’s food industry](https://feedsoft.ai/events/36741-why-stabilising-the-fertiliser-market-matters-for-europe-s-food-industry.md) | +1.5% | +6.3% |
| UREA | 2023-04-14 | [Fertiliser Security for Food Security in Southeast Asia: Going Local and Circular \| FULCRUM](https://feedsoft.ai/events/36333-fertiliser-security-for-food-security-in-southeast-asia-going-local-and.md) | -0.8% | +3.5% |
| UREA | 2024-10-25 | [Fertilizer market anticipates little impact from updated Russian export quotas](https://feedsoft.ai/events/27784-fertilizer-market-anticipates-little-impact-from-updated-russian-export-quotas.md) | -0.9% | -5.6% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/uncertainty-brings-fertiliser-markets-to-near-halt/

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