Urea: China’s comeback aids India in securing 1.76m. tonnes, undermining bull rally and raising doubts over Q4 support levels

IPL made light work of securing a multi-year record volume through the latest import tender, almost exclusively owing to China’s return to the international stage. As much as 1.1m. tonnes of urea has been committed to India from China for shipment by 26 September, signaling the most significant export business since September 2021, when over…