Urea prices drop to $390 per tonne in India’s latest tender
pre-market1 source ↓written by the desknot a recommendation
- in India’s latest
- $390.25 per tonne
- of urea
- 1.7 million tonnes
- shipments due
- 24 Sep 2023
International urea prices have fallen to $390.25 per tonne in India’s latest import tender, below pre-Iran war levels. The tender, issued by Rashtriya Chemicals and Fertilizers, seeks 1.7 million tonnes of urea, with shipments due by 24 Sep 2023. Ameropa submitted the lowest bid, impacting supply costs for farmers. 📉
Not investment advice. For informational purposes only.