# Iranian producers sell at discount to hedge against India risk

> Iranian urea producers sold 50,000 t to China for October delivery at the low-$230s/t FOB, $20-25/t below prices achieved in the early-August Indian tender. Iranian suppliers have reportedly not yet been paid for earlier shipments, and producers fear US sanctions will block future sales to India.

- Date: 2018-08-24 · published 2018-08-24T12:00:00.000Z
- Category: geopolitics · region Iran · magnitude medium
- Page: https://feedsoft.ai/events/63485-iranian-producers-sell-at-discount-to-hedge-against-india-risk
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Sanctions risk removes a major supplier from India's import tenders and makes Iranian product trade at a discount, which supports Middle East urea prices that remain well above Iranian levels.

## 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 | 2026-03-03 | [Global oil and gas prices soar as Iran crisis disrupts shipping, production \| Reuters](https://feedsoft.ai/events/8777-global-oil-and-gas-prices-soar-as-iran-crisis-disrupts-shipping-production.md) | +10.0% | +19.1% |
| UREA | 2025-06-23 | [Urea Prices Spike as Middle East Conflict Cuts Iranian Production \| CZ app](https://feedsoft.ai/events/24541-urea-prices-spike-as-middle-east-conflict-cuts-iranian-production-cz-app.md) | +1.4% | +12.4% |
| UREA | 2026-03-02 | [Iran conflict drives up urea prices \| The Western Producer](https://feedsoft.ai/events/4432-iran-conflict-drives-up-urea-prices-the-western-producer.md) | +25.5% | +36.4% |
| UREA | 2026-04-01 | [Fertilizer Prices Have ‘Significant’ Rise After Attack on Iran](https://feedsoft.ai/events/5105-fertilizer-prices-have-significant-rise-after-attack-on-iran.md) | +10.6% | +7.6% |

## Sources

- profercy.com: https://www.profercy.com/insights/iranian-producers-sell-at-discount-to-hedge-against-india-risk

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