# India secures close to 750,000t of urea as Egyptian producers commit en masse

> India's MMTC bought 741,500 tonnes of urea in a tender, well above the earlier April purchase of 375,000 tonnes. Supply came from the Arab Gulf, Egypt, Indonesia and other origins, with offers in the low-to-mid $260s per tonne fob, while direct Iranian shipments were blocked by US sanctions. The shipments are due by a June 24 deadline.

- Date: 2019-05-10 · published 2019-05-10T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/59039-india-secures-close-to-750-000t-of-urea-as-egyptian-producers-commit-en-masse
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Large Indian buying absorbs significant export supply and supports global urea prices, with sanctions limiting one major origin. Buyers should expect firm urea pricing while the tender volume is shipped.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-01-10 | [Egypt commits over 100,000t of urea in less than two days as market rallies](https://feedsoft.ai/events/32436-egypt-commits-over-100-000t-of-urea-in-less-than-two-days-as-market-rallies.md) | +1.6% | +12.1% |
| 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 | 2020-11-20 | [Profercy World Nitrogen Index makes strong gains as urea values continue to increase ahead of India’s return](https://feedsoft.ai/events/50466-profercy-world-nitrogen-index-makes-strong-gains-as-urea-values-continue-to.md) | +9.4% | +7.9% |
| UREA | 2024-09-06 | [Global urea producers hopeful pending Indian tender purchase will support market](https://feedsoft.ai/events/28224-global-urea-producers-hopeful-pending-indian-tender-purchase-will-support-market.md) | +0.2% | +6.6% |
| UREA | 2024-11-17 | [India Secures Urea Tender But More Price Support Needed \| CZ app](https://feedsoft.ai/events/27321-india-secures-urea-tender-but-more-price-support-needed-cz-app.md) | -0.4% | +3.0% |

## Sources

- profercy.com: https://www.profercy.com/insights/india-secures-close-to-750000t-of-urea-as-egyptian-producers-commit-en-masse

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