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Chinese urea prices edged higher during the week, supported by expectations for an Indian tender, seasonal reserve restocking, and possible plant maintenance. Prices then steadied as speculative enthusiasm cooled; buying was limited to immediate needs and reserves, while the market remained well supplied.
Tender expectations and restocking can lift near-term demand and support prices, but ample supply and limited follow-through buying constrain the upside.
mysteel.comNov 5, 2026After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
