# Profercy World Nitrogen Index registers large gains as urea prices continue to ramp up

> The Profercy World Nitrogen Index rose 6.03 points to 117.45 in the week before August 10, its largest gain since August 2018. Urea prices climbed in eastern and western markets after India secured nearly 700,000t in a July tender and launched a new inquiry closing August 10.

- Date: 2020-08-10 · published 2020-08-10T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/51542-profercy-world-nitrogen-index-registers-large-gains-as-urea-prices-continue-to
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy Indian import demand and limited Chinese supply are pushing urea prices higher across Indonesia, Egypt and the US Gulf. Higher nitrogen costs will feed through to crop input prices and to the corn outlook.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-11-20 | [Profercy World Nitrogen Index makes strong gains as urea values continue to increase ahead of India’s return](https://feedsoft.ai/events/50466-profercy-world-nitrogen-index-makes-strong-gains-as-urea-values-continue-to.md) | +9.4% | +7.9% |
| UREA | 2021-05-28 | [Urea prices rally: PWNI continues to make strong gains, closing in on highs reached in March](https://feedsoft.ai/events/5694-urea-prices-rally-pwni-continues-to-make-strong-gains-closing-in-on-highs.md) | +15.1% | +14.5% |
| UREA | 2024-09-27 | [Urea prices continue to firm.](https://feedsoft.ai/events/5248-urea-prices-continue-to-firm.md) | +5.8% | +4.8% |
| UREA | 2021-09-24 | [Profercy’s Nitrogen Index makes largest weekly increase and hits 2012 high as nitrogen shortage bites](https://feedsoft.ai/events/45387-profercy-s-nitrogen-index-makes-largest-weekly-increase-and-hits-2012-high-as.md) | +6.2% | +39.6% |
| UREA | 2026-09-17 | [Urea climbs to $453 per tonne as tight granular supply lifts Profercy nitrogen index 6 points - Fertilizer Daily](https://feedsoft.ai/events/17785-urea-climbs-to-453-per-tonne-as-tight-granular-supply-lifts-profercy-nitrogen.md) | -0.4% | -5.4% |
| CORN | 2025-12-26 | [SunSirs: Excess Supply Continues to Restrict Urea Price Recovery](https://feedsoft.ai/events/6496-sunsirs-excess-supply-continues-to-restrict-urea-price-recovery.md) | -1.8% | -2.6% |
| CORN | 2022-08-18 | [Farmers’ voices continue to reiterate ag trade issues](https://feedsoft.ai/events/40023-farmers-voices-continue-to-reiterate-ag-trade-issues.md) | +0.4% | +3.4% |
| CORN | 2024-01-29 | [Urea Prices Set to Pick Up as Potash, Ammonia Dip \| CZ app](https://feedsoft.ai/events/32050-urea-prices-set-to-pick-up-as-potash-ammonia-dip-cz-app.md) | -0.7% | -7.2% |

## Sources

- profercy.com: https://www.profercy.com/insights/profercy-world-nitrogen-index-registers-large-gains-as-urea-prices-continue-to-ramp-up

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