# Launch of urea complexes in Nigeria with capacity of 12,000 MT.

> Urea export prices rose from steady levels, with FOB North America reaching about $285/ton, CIS around $255-260, and Southeast Asia, including China, around $290-295. India secured only 370,000 tons of its needs and is returning to buy again, while Pakistan faces a deficit of about 100,000 tons.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/59893-launch-of-urea-complexes-in-nigeria-with-capacity-of-12-000-mt
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

India's and Pakistan's import deficits support global urea demand at a time of limited Chinese exports, which keeps international urea prices firm. Continued import tenders would sustain upward pressure on nitrogen prices.

## 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 | 2020-07-31 | [Urea market firms with India still playing catch-up](https://feedsoft.ai/events/5057-urea-market-firms-with-india-still-playing-catch-up.md) | +20.9% | +15.1% |
| UREA | 2020-11-23 | [MMTC announces India’s 9th urea purchasing inquiry of current campaign](https://feedsoft.ai/events/4692-mmtc-announces-india-s-9th-urea-purchasing-inquiry-of-current-campaign.md) | +9.0% | +7.4% |
| 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 | 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

- petrotahlil.com: https://www.petrotahlil.com/Section-news-2/42750-launch-of-urea-complexes-in-nigeria-with-capacity-of-mt

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