# Fertiliser Focus – 5th October 2020 - COFCO

> India has reopened urea buying with a new RCF tender for mid-November shipment, and prices in the US and North Africa rose $5-10 in response. CF Industries unexpectedly withdrew nitrogen and NS prices on October 1, and Chinese and Egyptian producers are expected to feature in future sales.

- Date: 2020-10-05 · published 2020-10-05T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/50583-fertiliser-focus-5th-october-2020-cofco
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Renewed Indian tender demand and firmer Northern European and Brazilian buying interest support urea and ammonium nitrate prices, raising nitrogen costs for feed-grain producers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-07-13 | [Fertiliser Focus – 13th July 2020 - COFCO](https://feedsoft.ai/events/52425-fertiliser-focus-13th-july-2020-cofco.md) | -1.4% | +20.0% |
| UREA | 2020-08-24 | [Fertiliser Focus – 24th August 2020 - COFCO](https://feedsoft.ai/events/51921-fertiliser-focus-24th-august-2020-cofco.md) | -2.7% | -5.4% |
| UREA | 2020-07-01 | [Ferts in Focus 1/7/20 - FIS CDN](https://feedsoft.ai/events/52064-ferts-in-focus-1-7-20-fis-cdn.md) | +2.8% | +4.0% |
| UREA | 2023-12-26 | [January '24 Farmer Fertilizer Focus - Urea](https://feedsoft.ai/events/32634-january-24-farmer-fertilizer-focus-urea.md) | -1.6% | +0.2% |
| UREA | 2024-02-28 | [March '24 Farmer Fertilizer Focus - Phosphate](https://feedsoft.ai/events/4295-march-24-farmer-fertilizer-focus-phosphate.md) | +7.6% | +9.1% |

## Sources

- uk.cofcointernational.com: https://uk.cofcointernational.com/fertiliser-focus-5th-october-2020/

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