# Urea Prices Hit 8-Month High — TradingView News

> Urea futures on the Zhengzhou exchange climbed above $450 per tonne in September, the highest since January 2023. The rally follows China's instruction to some producers to suspend exports, along with strong Middle East buying ahead of winter.

- Date: 2023-09-07 · published 2023-09-07T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/9879-urea-prices-hit-8-month-high-tradingview-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Firmer energy costs and export curbs together raise input costs, though high Brazilian stockpiles limit demand and could cap further gains.

## Read by commodity

- UREA: bullish ▲

## Sources

- tradingview.com: https://www.tradingview.com/news/te_news:386239:0-urea-prices-hit-8-month-high/

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