India's million tons of urea procurement difficult to suppress the low tide

India's MMTC urea purchases exceeded 1 million tons. On March 12, the bid prices for China and Iran were 305-307 dollars and 310-312 dollars respectively. For China, more than half of the companies' production costs are above this price. Although the price is low, this bid has at least two roles: China's 800,000 tons of shipment will keep this price until mid-April; India will not be too pressing for the next tender, considering the election factors, the authorities may be in 5 When the tender starts on the month, shipments can be delayed until July, when Chinese suppliers can enjoy low tariffs.