# Urea values continue rapid ascent as supplies remain limited, no signs of slow-down in sight

> Global urea prices kept rising after India booked only 732,000 tonnes in its latest tender. Brazil returned to the market, and traders were rushing supply to India ahead of possible Chinese export controls. European gas prices hit new highs, and European and US supply remained constrained.

- Date: 2021-10-08 · published 2021-10-08T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5909-urea-values-continue-rapid-ascent-as-supplies-remain-limited-no-signs-of-slow
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Competition for limited urea supply between Western buyers, Brazil and India, plus possible Chinese export restrictions, keeps upward pressure on prices. Feed producers face higher nitrogen input costs for the coming crop cycle.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2021-05-28 | [Urea prices rally: PWNI continues to make strong gains, closing in on highs reached in March](https://feedsoft.ai/events/5694-urea-prices-rally-pwni-continues-to-make-strong-gains-closing-in-on-highs.md) | +15.1% | +14.5% |
| UREA | 2024-02-26 | [Urea Prices Lift as Other Markets Remain Muted \| CZ app](https://feedsoft.ai/events/6434-urea-prices-lift-as-other-markets-remain-muted-cz-app.md) | +9.8% | +9.1% |
| UREA | 2020-08-10 | [Profercy World Nitrogen Index registers large gains as urea prices continue to ramp up](https://feedsoft.ai/events/51542-profercy-world-nitrogen-index-registers-large-gains-as-urea-prices-continue-to.md) | -2.8% | -6.6% |
| 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% |

## Sources

- profercy.com: https://www.profercy.com/insights/urea-values-continue-rapid-ascent-as-supplies-remain-limited-no-signs-of-slow-down-in-sight

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