India's recent tender for urea dust settles, although CIF rose to $ 310 ( t price , the same below ) , compared with the previous round of bidding prices rose nearly $ 15 , had not been able to obtain sufficient quantities of sources. In India, under the support of the tender , the global urea prices overall rose . China urea supply is tight and rising FOB traders to stay away, the result is India STC only purchase up to 30 million tons of urea , and that its aim purchases of up to 100 tons.

In the case of imports did not meet expected that India will soon hold another tender , estimated price will be higher. China low-tariff export window period ends , China 's supply will be reduced , and urea in a bonded warehouse number less than last year . Procurement in great demand in India and Pakistan , China and the Middle East are expected to exceed 11 to December supply. West of the Suez Canal urea prices steady see strong market . Because Algeria current monthly supply of up to 70,000 ~ 80,000 tons , is expected to Egypt than the price of urea in November of last week's turnover declined $ 320 FOB . Some traders want to urea European market , the European offer is higher.

Since the factory parking Yuzhny urea remained at a good level , turnover fob currently stable at 290 dollars. NF trading company last week purchased a batch of urea from DniproAzot means NF11 did not return to work programs in January . Due to rising freight Latin America , the Baltic urea FOB had to be reduced.