# India Announces 800k Tonne Urea Tender | CZ app

> India issued an 800,000 tonne urea import tender closing June 12 with shipment by July 17, and officials may raise the volume if prices are low enough. Urea prices kept falling ahead of the tender as Chinese export availability rose and Russian product sat in Baltic ports. Traders expected offers to fall toward the high-$200s per tonne.

- Date: 2023-06-04 · published 2023-06-04T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/8823-india-announces-800k-tonne-urea-tender-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A large Indian tender gives buyers a near-term outlet for surplus supply, but heavy Chinese and Russian availability should pull the clearing price lower. Lower urea costs are bearish for fertilizer input costs for feed-grain producers.

## Read by commodity

- UREA: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2023-06-02 | 5 | -20.9% | -3.7 | Rising Chinese export availability and Russian product stuck in Baltic ports pressured prices ahead of the India tender, though the announcement came after the window ended on June 2. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-11-11 | [India Tender Pushes Urea Prices Lower \| CZ app](https://feedsoft.ai/events/27320-india-tender-pushes-urea-prices-lower-cz-app.md) | +0.5% | +1.3% |
| UREA | 2024-10-28 | [Urea Prices Dip After India Tender Delay \| CZ app](https://feedsoft.ai/events/5407-urea-prices-dip-after-india-tender-delay-cz-app.md) | -3.6% | -5.5% |
| UREA | 2024-11-04 | [India's Urea Tender Fails to Revive Prices \| CZ app](https://feedsoft.ai/events/27723-india-s-urea-tender-fails-to-revive-prices-cz-app.md) | -2.0% | -1.9% |
| UREA | 2023-08-13 | [Urea Values Fall After Indian Tender \| CZ app](https://feedsoft.ai/events/34501-urea-values-fall-after-indian-tender-cz-app.md) | -0.4% | +6.5% |
| UREA | 2025-02-24 | [Urea Prices Stall Amid Delayed India Tender \| CZ app](https://feedsoft.ai/events/7457-urea-prices-stall-amid-delayed-india-tender-cz-app.md) | -0.3% | -4.4% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/india-announces-800k-tonne-urea-tender/

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