India urea prices double to $1,000 in tender on Iran war shock

Indian Potash Ltd receives urea supply offers at $1,000 per metric ton amid Iran conflict.

Source: Reuters (via feed)




Indian Potash Ltd has received offers to supply urea at around $1,000 per metric ton in its latest tender. The price is nearly double the level seen two months ago.

Two company sources said the price increase follows supply disruptions linked to the U.S.-Israeli conflict with Iran.

BizTrendWire Insight:

Indian Potash Ltd’s tender received urea offers around $1,000 per metric ton. This followed reported supply disruptions connected to the U.S.-Israeli conflict with Iran.


Read full story on Reuters

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