China Set to Supply Around 1.2 Million MT of Urea to India China is expected to supply approximately 1.2 million MT of urea under India’s latest tender, marking one of the most significant Chinese export flows into the global nitrogen market this year. India’s state-owned Rashtriya Chemicals and Fertilizers (RCF) sought up to 1.7 million MT, with cargoes required to be loaded by September 24. The lowest reported offers were: East Coast India: USD 390.25/MT CFR West Coast Indi

Key Takeaways This week, the global fertilizer market was shaped by three major themes: the rising strategic value of potash, renewed competition in the global urea market, and softer fertilizer flows into Brazil. Potash remains structurally supported by food-security concerns and highly concentrated global supply. Meanwhile, India is diversifying urea sourcing away from the Gulf while lower-priced Chinese cargoes are returning to the market. In Brazil, fertilizer deliveries,

Global fertilizer markets remain divided. Urea prices have stabilized at lower levels as Chinese exports resume, while phosphate prices remain elevated due to supply disruptions, high raw-material costs and restricted Middle Eastern logistics. India continues to support global nitrogen demand through another major urea tender, while weaker agricultural profitability is slowing fertilizer purchasing in Brazil.

The global fertilizer market showed a clear divergence this week. Nitrogen fertilizer prices declined sharply, while phosphate fertilizers continued to strengthen under firm cost support from sulfur feedstocks. India has entered the fertilizer stocking period for the Kharif monsoon season. At the same time, soaring costs for water-soluble fertilizers and phosphoric acid are placing considerable pressure on industry margins.

Nitrogen Fertilizers: A Lasting Blow to the Supply Landscape. Phosphate Fertilizers: The Sulfur Shortage Exposes a Hidden Supply Chain Crisis.

From March 17 to 19, the 2026 China International Agrochemical & Crop Protection Exhibition (CAC FShow) concluded successfully at the National Exhibition and Convention Center in Shanghai.