# Inventory Pressure Intensifies as Short-Term Urea Futures Continue to Fluctuate

> Urea 01 futures edged up and then fell back near moving-average resistance. Enterprise urea inventories rose 43,800 tonnes week on week to 1.8414 million tonnes, and Shandong small-granule ex-works prices traded around 1,700-1,770 yuan per tonne. Rising inventories and limited industrial and agricultural demand are weighing on the futures market.

- Date: 2026-11-05 · published 2026-11-05T03:12:14.933Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/81075-inventory-pressure-intensifies-as-short-term-urea-futures-continue-to-fluctuate
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Rising producer stocks and ample supply point to weaker urea prices in the near term, although Indian tender and export demand offers some support. Lower fertilizer prices ease input costs for feed-grain growers, but the effect on feed buyers is indirect.

## Read by commodity

- UREA: bearish ▼

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/fmnews/2026-11-05/doc-inixryty5646436.shtml

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