# AgroPages-Fertilizers - navigating the global downturn-Agricultural news

> India's state-run FACT scrapped its third ammonia purchase tender in four weeks, seeking about 7,500 tonnes for late Q3 delivery to Kochi, after all offers were rejected as too high. Separately, MMTC revised its 30 July urea tender addendum so that Chinese urea can be offered through traders without DPIIT registering for each sub-contractor.

- Date: 2020-08-03 · published 2020-08-03T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/7415-agropages-fertilizers-navigating-the-global-downturn-agricultural-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Repeated tender failures on high offers signal firm nitrogen prices and cautious Indian buying, which can keep urea and ammonia offers elevated. Opening the tender to Chinese urea via traders could add supply and ease pressure on prices.

## Read by commodity

- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2020-08-05 | 5 | +21.4% | 4.3 | MMTC's addendum clarifying that Chinese urea can be offered via traders supported Indian import demand and tender activity, reinforcing the price move. |
| UREA | 2020-08-03 | 5 | +20.1% | 4.7 | MMTC's addendum allowing Chinese urea via traders clarified supply access, but the ongoing tender dynamics around Indian buying kept the market focused on tight supply and volatility. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-11-20 | [AgroPages-Urea market fed by the hand of India-Agricultural news](https://feedsoft.ai/events/50467-agropages-urea-market-fed-by-the-hand-of-india-agricultural-news.md) | +9.4% | +7.9% |
| UREA | 2020-04-20 | [AgroPages-China’s prilled urea sellers await return of India-Agricultural news](https://feedsoft.ai/events/53562-agropages-china-s-prilled-urea-sellers-await-return-of-india-agricultural-news.md) | -1.8% | -19.6% |
| UREA | 2023-07-22 | [Downturn in International Fertilizer prices appears to be over.](https://feedsoft.ai/events/7007-downturn-in-international-fertilizer-prices-appears-to-be-over.md) | +31.8% | +18.1% |
| UREA | 2021-08-05 | [Fertiliser shortage looms as global prices skyrocket \| Business News - The Indian Express](https://feedsoft.ai/events/45883-fertiliser-shortage-looms-as-global-prices-skyrocket-business-news-the-indian.md) | +1.4% | +8.5% |
| UREA | 2025-08-01 | [US fresh trade tariffs set challenges for the global fertilizers industry \| S&P Global](https://feedsoft.ai/events/23261-us-fresh-trade-tariffs-set-challenges-for-the-global-fertilizers-industry-s-and.md) | +3.0% | +0.3% |

## Sources

- news.agropages.com: https://news.agropages.com/News/NewsDetail---36113.htm

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