# India books 750,000t of urea as prices hit multi-year highs

> India booked 750,000t of urea in a tender after Iran was excluded due to US sanctions, paying four-and-a-half-year highs of about $353-356/t CFR. Supply will come mainly from the Arab Gulf and China, with shipment due by 19 November.

- Date: 2018-10-15 · published 2018-10-15T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/62461-india-books-750-000t-of-urea-as-prices-hit-multi-year-highs
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Sanctions removing Iranian supply and China's reduced export appetite keep nitrogen prices elevated, raising the cost of feed-grain production and fertilizer inputs for farmers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-04-15 | [India urea prices double to $1,000 in tender on Iran war shock \| Reuters](https://feedsoft.ai/events/20030-india-urea-prices-double-to-1-000-in-tender-on-iran-war-shock-reuters.md) | -3.8% | -17.2% |
| UREA | 2022-06-28 | [Insight: Global crop problems point to years of high food prices \| Reuters](https://feedsoft.ai/events/40952-insight-global-crop-problems-point-to-years-of-high-food-prices-reuters.md) | +5.8% | +3.2% |
| UREA | 2022-03-21 | [Fertiliser prices hit new highs as multiple problems affect global supplies \| Food security \| The Guardian](https://feedsoft.ai/events/5514-fertiliser-prices-hit-new-highs-as-multiple-problems-affect-global-supplies.md) | +2.5% | -0.5% |
| UREA | 2024-03-21 | [Who’s afraid of high fertilizer prices? \| IFPRI](https://feedsoft.ai/events/31144-who-s-afraid-of-high-fertilizer-prices-ifpri.md) | -0.4% | -19.1% |
| UREA | 2025-12-19 | [Geopolitical Tensions, India Tender Push Urea Prices Higher After Recent Declines \| American Ag Network](https://feedsoft.ai/events/21825-geopolitical-tensions-india-tender-push-urea-prices-higher-after-recent.md) | +7.3% | +12.5% |

## Sources

- profercy.com: https://www.profercy.com/insights/india-books-750000t-of-urea-as-prices-hit-multi-year-highs

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