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

Source: Bloomberg

Commodities & Raw MaterialsGeopolitics & WarTrade Policy & Supply ChainEmerging Markets

India secured less than 25% of the urea it sought in a tender last month, signaling constrained supply for one of the world’s top urea-importing countries. The article says continued Middle East hostilities are keeping farm-input costs elevated.

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