Has China's Return Turned the Urea Market Back in Favor of Buyers?

10 August 2026

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India’s latest urea import tender, issued by National Fertilizers Limited (NFL) on June 8, 2026, has become a major turning point for global fertilizer markets. Tender offers were reported near USD 445/MT CFR, representing a dramatic decline of almost 50% from the April 2026 highs of around USD 890/MT, when geopolitical tensions in West Asia had pushed buyers into aggressive procurement.

Read full report: https://www.linkedin.com/pulse/has-chinas-return-turned-urea-market-back-favor-buyers-amgec

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