# India’s return to market sparks urea price rally east and west

> Urea prices rose sharply in the past week after a new Indian tender and reaffirmation that US sanctions on Iran will not ease. Middle East spot values advanced by more than $10/t as traders booked May and June cargoes, and US granular barge prices surged on prompt demand. River logistics delays are also lifting terminal prices.

- Date: 2019-04-26 · published 2019-04-26T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59535-india-s-return-to-market-sparks-urea-price-rally-east-and-west
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Indian buying into a supply gap, with Chinese urea unavailable for export, supports firm Asian and US urea prices. Buyers should expect continued upward pressure on fertilizer costs for the coming planting season.

## 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 | 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% |
| UREA | 2022-01-28 | [Urea market finds liquidity following news of India’s potential return](https://feedsoft.ai/events/43453-urea-market-finds-liquidity-following-news-of-india-s-potential-return.md) | -4.8% | +5.2% |
| UREA | 2020-11-20 | [AgroPages-Urea market fed by the hand of India-Agricultural news](https://feedsoft.ai/events/50467-agropages-urea-market-fed-by-the-hand-of-india-agricultural-news.md) | +9.4% | +7.9% |
| UREA | 2025-02-21 | [Urea prices surge due to strong Indian demand and tight supplies \| Farm Weekly \| WA](https://feedsoft.ai/events/26360-urea-prices-surge-due-to-strong-indian-demand-and-tight-supplies-farm-weekly-wa.md) | -0.5% | -4.7% |

## Sources

- profercy.com: https://www.profercy.com/insights/indias-return-to-market-sparks-urea-price-rally-east-and-west

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