# Urea markets end Q1 18 down on weak Western demand despite Chinese absence

> Profercy's World Nitrogen Index ended Q1 2018 at 118.52 points, up from 111.03 a year earlier, but fell 6.55 points during the quarter. Most of the drop came in the last three weeks, after Eastern demand faded in mid-March. Chinese urea exports fell 90% year on year in February 2018.

- Date: 2018-04-03 · published 2018-04-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/65831-urea-markets-end-q1-18-down-on-weak-western-demand-despite-chinese-absence
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Urea prices lost support as Chinese export absence was offset by weak Western demand, pointing to softer nitrogen input costs for feed grain production. The market remains sensitive to any return of Chinese supply.

## Read by commodity

- UREA: bearish ▼

## Sources

- profercy.com: https://www.profercy.com/insights/urea-markets-end-q1-18-down-on-weak-western-demand-despite-chinese-absence

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