# Demand optimism lifts sentiment as urea trades firm in the short term

> Chinese urea futures opened higher and extended gains on hopes of Indian import tender demand and reserve buying. Spot prices in Shandong were around 1690-1720 yuan/ton, with plant outages at several producers.

- Date: 2026-11-02 · published 2026-11-02T21:15:10.831Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/76020-demand-optimism-lifts-sentiment-as-urea-trades-firm-in-the-short-term
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expectations of an Indian tender are lifting Chinese domestic urea prices, which can pull export prices higher if the tender materialises.

## Read by commodity

- UREA: bullish ▲

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/fmnews/2026-11-02/doc-inixichz2355595.shtml
- futures.cngold.org: https://futures.cngold.org/c/2026-11-02/c10852171.html

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