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India issued its first urea tender of 2025 for 1.5 million tonnes, with shipment spread into June. The announcement alone lowered urea prices by $7 to $12 per tonne.
Ammonium sulfate and nitrate prices were little changed, and world MAP prices had risen $25 to $30 per tonne since early March.
The tender's long two-plus month delivery window is pressuring urea prices lower, while rising phosphate prices raise the cost of DAP and MAP. Buyers of phosphate-based inputs should expect higher costs even as nitrogen eases.
wrightonthemarket.comWright Team30 mrt 2025Na 81 eerdere neerwaarts handel-gebeurtenissen bewoog Ureum zich mediaan -1,0% over 5 sessies (28% hoger; middelste helft -7,2% tot +0,4%), en -5,5% over 20.
Na 193 eerdere opwaarts handel-gebeurtenissen bewoog DAP zich mediaan +0,4% over 5 sessies (54% hoger; middelste helft -0,3% tot +1,8%), en +1,9% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.
India's first 2025 urea tender of 1.5 Mt marks the demand return that sets up price recovery, though the announcement initially lowered prices and the timing is a few days ahead of the move.
