# Global urea market seeks direction as uncertainty over price direction persists :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> The global urea market drifted with few new signals this week, and buyers held back amid uncertainty over price direction. MOPCO in Egypt placed 180,000 tonnes of granular urea for shipment to Latin America in April-September, while US barge prices in New Orleans fell below $240/short ton FOB.

- Date: 2018-03-19 · published 2018-03-19T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66295-global-urea-market-seeks-direction-as-uncertainty-over-price-direction-persists
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Weak sentiment and buyer hesitancy point to downward pressure on urea prices, and urea is a key nitrogen input whose cost feeds into feed-grain production economics.

## Read by commodity

- UREA: bearish ▼

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/global-urea-market-seeks-direction-as-uncertainty-over-price-direction-persists.html

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