# Urea market immune to World economic woes

> Profercy reports that urea prices rose in early March despite the broader economic slump from coronavirus. Egyptian, Middle East and Indonesian offers climbed, and US Gulf import demand pushed NOLA barge values higher. China's absence from the export market and upcoming Indian demand kept supply tight.

- Date: 2020-03-06 · published 2020-03-06T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/54076-urea-market-immune-to-world-economic-woes
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight export supply from China and strong US import demand keep urea prices firm globally, which raises nitrogen input costs for feed grain producers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-09-03 | [Urea market rallies in the west, while east continues to await Indian announcement](https://feedsoft.ai/events/5162-urea-market-rallies-in-the-west-while-east-continues-to-await-indian.md) | +8.6% | +43.5% |
| UREA | 2025-10-17 | [Indonesian gran urea sold to Philippines \| World Fertilizer](https://feedsoft.ai/events/22729-indonesian-gran-urea-sold-to-philippines-world-fertilizer.md) | -0.5% | +2.2% |
| UREA | 2024-02-05 | [Positive Price Momentum Continues in Urea Market \| CZ app](https://feedsoft.ai/events/31594-positive-price-momentum-continues-in-urea-market-cz-app.md) | +1.4% | +11.5% |
| UREA | 2024-10-03 | [Urea market squeeze due to several factors - Brownfield Ag News](https://feedsoft.ai/events/28188-urea-market-squeeze-due-to-several-factors-brownfield-ag-news.md) | +1.4% | +0.2% |
| UREA | 2024-05-28 | [China Absence, India Tender Creates Urea Market Rally \| CZ app](https://feedsoft.ai/events/30180-china-absence-india-tender-creates-urea-market-rally-cz-app.md) | -2.7% | +4.2% |

## Sources

- profercy.com: https://www.profercy.com/insights/urea-market-immune-to-world-economic-woes

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