# Profercy World Nitrogen Index tracks sideways as urea standoff continues

> The Profercy World Nitrogen Index was little changed at 117.66 in the week to September 11, 2020. Producers were holding offers while buyers, including Brazil, withdrew amid a standoff, with expectations that upcoming Indian tenders would support October prices.

- Date: 2020-09-11 · published 2020-09-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/51049-profercy-world-nitrogen-index-tracks-sideways-as-urea-standoff-continues
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A stalled urea market with pending Indian tender demand suggests firm nitrogen prices into October, which raises input costs for grain and feed producers.

## Read by commodity

- UREA: bullish ▲

## Sources

- profercy.com: https://www.profercy.com/insights/profercy-world-nitrogen-index-tracks-sideways-as-standoff-for-october-cargoes-continue

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