# Urea sellers place big volumes in North Africa but other regions yet to follow :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> North African urea producers, mainly Egypt and Algeria, placed over 300,000 tonnes with traders in a few days after three weeks of thin trade. Prices were largely flat, with most larger deals concluded at a discount, while NOLA traded at $242-246/short ton FOB.

- Date: 2018-01-30 · published 2018-01-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/67286-urea-sellers-place-big-volumes-in-north-africa-but-other-regions-yet-to-follow
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Buying to cover European and Turkish short positions and building for spring demand supports nitrogen prices, but muted demand from India, the US and Brazil caps any rally.

## Read by commodity

- UREA: neutral

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/urea-sellers-place-big-volumes-in-north-africa-but-other-regions-yet-to-follow.html

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