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India's latest urea tender offered almost 5.6 million tonnes, well above expectations, and StoneX analysts called it a major surprise. Chinese urea exports have risen sharply in 2025, potentially exceeding 4 million tonnes.
Buyers are stepping back and delaying purchases as prices come under pressure.
A surge in offered supply from India and China gives buyers leverage and is expected to push urea prices lower. Weaker purchasing from importers adds further downward pressure in the near term.
stonex.comGustian Farrow2025年9月4日在过去 81 次看跌的贸易事件之后，尿素 在 5 个交易日内中位数变动 -1.0%（28% 上涨；中间一半区间为 -7.2% 至 +0.4%），20 个交易日内为 -5.5%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
