# International urea market eyes India-Iran relations :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> The international urea market has been nervous as future trade depends on whether India can keep buying Iranian urea after US sanctions are re-imposed. Traders say India buys about 1.6m tonnes of urea from Iran annually and is struggling to resolve payment issues without antagonising the US.

- Date: 2018-07-17 · published 2018-07-17T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/64329-international-urea-market-eyes-india-iran-relations-content-tap-oan-hoa-chat
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

If India cannot buy Iranian urea, it would turn to other origins at higher prices, a major bullish shock for global urea; if a payment solution is found, prices could ease as the market sees no current demand.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-04-24 | [World’s fertilizer market in turmoil :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/36331-world-s-fertilizer-market-in-turmoil-content-tap-oan-hoa-chat-viet-nam-vinachem.md) | +3.2% | +5.6% |
| UREA | 2022-07-13 | [Fertilizer prices expected to remain higher for longer :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/40825-fertilizer-prices-expected-to-remain-higher-for-longer-content-tap-oan-hoa-chat.md) | -3.4% | +9.3% |
| UREA | 2024-03-25 | [US-Iran war exposes Australia’s urea import reliance \| Latest Market News](https://feedsoft.ai/events/31527-us-iran-war-exposes-australia-s-urea-import-reliance-latest-market-news.md) | -12.7% | -19.2% |
| UREA | 2024-03-25 | [Nola urea prices surge on US-Iran conflict \| Latest Market News](https://feedsoft.ai/events/31521-nola-urea-prices-surge-on-us-iran-conflict-latest-market-news.md) | -12.7% | -19.2% |
| 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

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/international-urea-market-eyes-india-iran-relations.html

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