International Urea Price Continues to Rise, Contrary to Grain Prices

Last week, the international price of urea continued to rise, driven by a tender held by India. Indian Potash Limited received bids for 2.6 million tons to purchase 2.0 million at prices of US$530-532/ton CFR. Shipments are scheduled for next September, and the next tender is expected in the first half of September. “Analysts view […]