# Urea market stages recovery on buying interest in Latin America and Africa

> Urea prices have recovered over the past three weeks in several markets, supported by buying from Latin America, particularly Argentina, and by African demand for prilled urea. Prices in Southeast Asia have also firmed as China has stayed out of the export market since March.

- Date: 2020-06-22 · published 2020-06-22T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52542-urea-market-stages-recovery-on-buying-interest-in-latin-america-and-africa
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Renewed import demand and limited Chinese export supply support nitrogen fertilizer prices, which raises the cost of corn and other crop production.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-07-23 | [Potential Countervailing and Anti-Dumping Duties on UAN Solutions Raise Eyebrows \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/45997-potential-countervailing-and-anti-dumping-duties-on-uan-solutions-raise.md) | -0.7% | -2.5% |
| UREA | 2023-07-29 | [Urea market on fire, stronger Rand keeps Phosphates and Potash stable.](https://feedsoft.ai/events/4757-urea-market-on-fire-stronger-rand-keeps-phosphates-and-potash-stable.md) | -5.9% | -10.4% |
| UREA | 2022-05-20 | [Urea: RCF purchasing inquiry concludes, ME and N. African fob values stable](https://feedsoft.ai/events/41328-urea-rcf-purchasing-inquiry-concludes-me-and-n-african-fob-values-stable.md) | -0.8% | -22.0% |
| UREA | 2020-11-20 | [AgroPages-Urea market fed by the hand of India-Agricultural news](https://feedsoft.ai/events/50467-agropages-urea-market-fed-by-the-hand-of-india-agricultural-news.md) | +9.4% | +7.9% |
| UREA | 2026-02-25 | [Urea: India raises the stakes for markets requiring April arrivals](https://feedsoft.ai/events/20925-urea-india-raises-the-stakes-for-markets-requiring-april-arrivals.md) | +28.3% | +35.4% |

## Sources

- profercy.com: https://www.profercy.com/insights/urea-market-stages-recovery-on-emerging-buying-interest-in-latin-america-and-africa

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