On September 4th, RCF in India issued a urea import tender, which would be closed on September 15th. The quotation will be valid until September 25th, and the latest shipping date will be November 14th.

According to institutional analysis, with the strict enforcement of China's export laws and the reduction of export participation by major enterprises, the new round of this bidding in China may significantly decrease.

International urea prices have fallen, export profit margins have been compressed, and the bidding volume in India is yet to be determined. Currently, it appears that the impact of this round of bidding on China is limited.