India urea import prices double to 1000 dollars in tender
Indian Potash Ltd received urea bids near 1,000 dollars per ton, double previous rates. The hike follows regional conflict and may impact global markets.
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Urea prices in India have surged to approximately $1,000 per metric ton in the latest procurement tender, nearly doubling the rates seen just two months ago. This sharp increase follows supply chain disruptions triggered by the conflict involving the United States, Israel, and Iran.
