# Fertiliser Focus – 13th July 2020 - COFCO

> MMTC, India's state purchasing agency, issued its fourth urea tender since April, closing 17 July, and may seek up to 1M tonnes for August shipment. Recent tenders bought about 600,000t each, and a recent RCF tender secured only about 100,000t from China. Commentators doubt China has enough inventory for the shipping window.

- Date: 2020-07-13 · published 2020-07-13T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/52425-fertiliser-focus-13th-july-2020-cofco
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A large Indian tender against limited Chinese export availability points to firmer global urea prices and higher nitrogen input costs.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-10-05 | [Fertiliser Focus – 5th October 2020 - COFCO](https://feedsoft.ai/events/50583-fertiliser-focus-5th-october-2020-cofco.md) | -0.5% | +2.5% |
| 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-13th-july-2020/

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