# Indian urea tender announcement offers few surprises so far

> India's MMTC issued a new urea purchase tender closing 1 July for shipments through 16 August, targeting around 800,000t and possibly up to 1m t. The tender was widely anticipated and drew little market reaction, with Chinese supply expected to play a larger role after the May tender booked 741,000t at $279.74-285.70/t cfr.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/58896-indian-urea-tender-announcement-offers-few-surprises-so-far
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Large Indian buying supports global urea prices, and whether Chinese producers supply at around $285/t fob will determine Gulf and Egyptian availability for July-August. Below-average monsoon rain is not expected to change India's buying decision.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-12-21 | [Urea: Indian purchasing tender offers silver lining to producers](https://feedsoft.ai/events/33020-urea-indian-purchasing-tender-offers-silver-lining-to-producers.md) | +0.8% | +1.8% |
| UREA | 2025-01-06 | [India’s Urea Tender Falls Short, Potash Prices Rise \| CZ app](https://feedsoft.ai/events/11882-india-s-urea-tender-falls-short-potash-prices-rise-cz-app.md) | +4.0% | +14.8% |
| UREA | 2025-01-27 | [Urea Continues Rise Ahead of India Tender Pricing \| CZ app](https://feedsoft.ai/events/26438-urea-continues-rise-ahead-of-india-tender-pricing-cz-app.md) | +1.4% | +12.4% |
| UREA | 2024-12-09 | [India Urea Tender Rumours Drive Price Surge \| CZ app](https://feedsoft.ai/events/26889-india-urea-tender-rumours-drive-price-surge-cz-app.md) | +2.5% | +9.5% |
| 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% |

## Sources

- profercy.com: https://www.profercy.com/insights/indian-urea-tender-announcement-offers-few-surprises-so-far

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