India raised urea prices

Published Apr 16, 2026

Tridge summary

The global urea market is approaching collapse. Following the Indian tender, demand in the EU countries will rapidly decrease, and the USA will purchase significantly less because the urea application season in most countries ends in less than a month. The Indian company IPL understands the situation well and has requested 27 suppliers who submitted bids for the tender in the amount of 5.9203 million tons of urea for

Original content

The global urea market is approaching collapse. Following the Indian tender, demand in the EU countries will rapidly decline, and the USA will purchase significantly less, as the urea application season in most countries will end in less than a month. The Indian company IPL understands the situation well and has requested 27 suppliers, which submitted bids for the tender in the amount of 5.9203 million tons of urea at prices of $935–1136 USD/t CFR India, to come back with new bids in the price range of $935-959 USD/t, CFR, by April 17 at 14:00. Such prices for urea have not been seen since 2008. For June, the Indian company IPL is buying 2.5 million tons of urea, even at a price ...

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