# Urea: Watching the Next Round of Indian Tenders and Off-Season Stockpiling

> Urea prices fell early in October on weak domestic demand and low Indian tender prices, then rose late in the month on expectations of a new Indian tender and some off-season stockpiling purchases. Factory and port inventories remain high, and Indian tender volumes fell well short of the planned 1.7 million tonnes.

- Date: 2026-11-02 · published 2026-11-03T00:43:50.089Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/76765-urea-watching-the-next-round-of-indian-tenders-and-off-season-stockpiling
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Heavy inventories and weak domestic demand cap urea prices, while expectations of a new Indian tender and seasonal plant maintenance in November could tighten supply. The next Indian tender's price and volume will likely determine whether urea prices recover, which affects nitrogen fertilizer costs for farmers and feed grain production.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-06-24 | [Urea: Indian tender offers set to test Chinese export interest](https://feedsoft.ai/events/52915-urea-indian-tender-offers-set-to-test-chinese-export-interest.md) | +2.5% | +6.6% |
| UREA | 2025-07-07 | [India Tender Drives Urea Price as Iran, Egypt Resume Production \| CZ app](https://feedsoft.ai/events/23692-india-tender-drives-urea-price-as-iran-egypt-resume-production-cz-app.md) | +3.6% | +13.0% |
| UREA | 2025-10-13 | [Global Urea Market Steady as India and Brazil Drive Q4 Demand](https://feedsoft.ai/events/22726-global-urea-market-steady-as-india-and-brazil-drive-q4-demand.md) | -0.5% | +2.8% |
| UREA | 2020-10-02 | [Nitrogen Index holds steady as urea market is poised for India’s return](https://feedsoft.ai/events/50943-nitrogen-index-holds-steady-as-urea-market-is-poised-for-india-s-return.md) | +0.9% | +0.1% |
| UREA | 2021-12-13 | [Australia taps Mideast, Indonesia, Japan for urea to ease trucking fears](https://feedsoft.ai/events/43914-australia-taps-mideast-indonesia-japan-for-urea-to-ease-trucking-fears.md) | 0.0% | -12.1% |

## Sources

- quheqihuo.com: https://www.quheqihuo.com/news/202611024499421.html

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