# India Tender Announcement Imminent as Urea Sentiment Battle Intensifies

> China's urea futures rebounded on Nov 2, with the main contract at 1,737 yuan/t, as traders anticipated an Indian urea import tender reportedly exceeding 2.5 million tonnes. Chinese producer inventories rose to a record 1.80 million tonnes, while ex-works prices were raised to around 1,740 yuan/t.

- Date: 2026-11-02 · published 2026-11-03T00:12:33.471Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/76463-india-tender-announcement-imminent-as-urea-sentiment-battle-intensifies
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A large Indian tender would absorb export supply while international urea supply is already tightening, supporting global urea prices. Chinese record inventories and weak domestic demand cap the upside, so the rally depends on the tender actually being announced.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-09-03 | [Urea market rallies in the west, while east continues to await Indian announcement](https://feedsoft.ai/events/5162-urea-market-rallies-in-the-west-while-east-continues-to-await-indian.md) | +8.6% | +43.5% |
| UREA | 2024-10-21 | [India's Tender Boosts Urea, DAP, Potash Prices \| CZ app](https://feedsoft.ai/events/6843-india-s-tender-boosts-urea-dap-potash-prices-cz-app.md) | -0.4% | -5.4% |
| UREA | 2024-06-28 | [Upcoming India Urea Tender Provides Price Support \| CZ app](https://feedsoft.ai/events/29671-upcoming-india-urea-tender-provides-price-support-cz-app.md) | -2.1% | -0.5% |
| UREA | 2025-06-30 | [India Tender Supports Volatile Urea Market \| CZ app](https://feedsoft.ai/events/24144-india-tender-supports-volatile-urea-market-cz-app.md) | +7.9% | +11.8% |
| UREA | 2024-11-17 | [India Secures Urea Tender But More Price Support Needed \| CZ app](https://feedsoft.ai/events/27321-india-secures-urea-tender-but-more-price-support-needed-cz-app.md) | -0.4% | +3.0% |

## Sources

- quheqihuo.com: https://www.quheqihuo.com/news/202611024499482.html

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