# Demand hope lends support to urea market sentiment

> International urea interest remains thin but sentiment is improving as buying is expected in Europe, Brazil and India over the next one to two months. Indonesian business was concluded at $257/t FOB and Black Sea prilled urea was offered around $235-240/t FOB.

- Date: 2019-09-09 · published 2019-09-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/56980-demand-hope-lends-support-to-urea-market-sentiment
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expected purchasing from major importers supports urea prices, which feeds into fertilizer costs for grain producers. The impact on feed commodity prices is indirect.

## Read by commodity

- UREA: bullish ▲

## Sources

- echemi.com: https://www.echemi.com/cms/67758.html

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