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India’s Latest Urea Tender Draws Less Than 25% of Volume Sought

Key Points

India, one of the world’s top urea importers, was able to secure less than 25% of the crop nutrient it sought in a tender last month, indicating that hostilities in the Middle East continue to keep farm input costs elevated.

India, one of the world’s top urea importers, was able to secure less than 25% of the crop nutrient it sought in a tender last month, indicating that hostilities in the Middle East continue to keep farm input costs elevated.
India (LOCATION) the Middle East (LOCATION)
Originally published by Bloomberg Markets Read original →