Daily Archives: July 10, 2020

Urea: All eyes on China as Indian net deficit set to be 1m. tonnes in July ahead of tender

India has once again returned to the international market with MMTC due to close a tender 17 July for urea for shipment by 20 August. This will be the fourth import tender of the current campaign, which began in April, and has been announced only a matter of weeks after the conclusion of the earlier…

Is 2020 really proving to be a bad year for the urea market?

Analysts continue to promote the view that fertilizer demand is being hit hard by the Global economic slowdown. This does not appear to be the case for urea, the most widely used nitrogen fertilizer. India, the second largest market worldwide has seen spectacular sales growth this year, a 66% increase in Q2 2020 to 6.5m.…