# Urea Prices Lift as Other Markets Remain Muted | CZ app

> International urea prices lifted this week on demand from Australia and the US, with a Qatar Energy sale at USD 380/tonne FOB and a Vietnamese cargo reported at USD 405/tonne FOB. NOLA barges traded at USD 297 to 333 per tonne, and buyers in Brazil and Europe are holding back. Prices are expected to hold until Chinese exports resume in April.

- Date: 2024-02-26 · published 2024-02-26T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/6434-urea-prices-lift-as-other-markets-remain-muted-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Spring import demand from the US and Australia supports urea prices, but expected Chinese export resumption could pressure them later. Thin buying from Brazil and Europe limits near-term upside.

## Read by commodity

- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2024-03-01 | 1 | +8.3% | 5.0 | Late-February report of urea prices lifting on Australian and US demand and firm FOB sales shows tightening trade flow and buyer momentum just before the 1 March move, with prices expected to hold until Chinese exports resume. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-10-14 | [Urea Prices Remain Firm as Brazil, Europe Return Imminent \| CZ app](https://feedsoft.ai/events/27788-urea-prices-remain-firm-as-brazil-europe-return-imminent-cz-app.md) | -0.4% | -6.2% |
| UREA | 2024-02-05 | [Positive Price Momentum Continues in Urea Market \| CZ app](https://feedsoft.ai/events/31594-positive-price-momentum-continues-in-urea-market-cz-app.md) | +1.4% | +11.5% |
| UREA | 2024-01-29 | [Urea Prices Set to Pick Up as Potash, Ammonia Dip \| CZ app](https://feedsoft.ai/events/32050-urea-prices-set-to-pick-up-as-potash-ammonia-dip-cz-app.md) | -1.4% | +0.1% |
| UREA | 2024-10-21 | [India's Tender Boosts Urea, DAP, Potash Prices \| CZ app](https://feedsoft.ai/events/6843-india-s-tender-boosts-urea-dap-potash-prices-cz-app.md) | -0.4% | -5.4% |
| UREA | 2024-01-15 | [Urea, Phosphate Prices Rise on Tight Availability \| CZ app](https://feedsoft.ai/events/32051-urea-phosphate-prices-rise-on-tight-availability-cz-app.md) | -0.3% | +12.6% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-prices-lift-as-other-markets-remain-muted/

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