# Urea prices up as producers commit June cargoes, start selling for July :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> Global urea prices rose in early June as producers committed most June cargoes and began selling for July. Egypt sold above $250/tonne FOB, Indonesia sold over 30,000 tonnes at $251.75, and Brazil's buying was strong despite a truckers' strike.

- Date: 2018-06-05 · published 2018-06-05T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/64454-urea-prices-up-as-producers-commit-june-cargoes-start-selling-for-july-content
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Firm Brazilian and Asian demand and tight availability support higher nitrogen prices, which raises feed-grain production costs over time.

## Read by commodity

- UREA: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/urea-prices-up-as-producers-commit-june-cargoes-start-selling-for-july.html

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