India to import 47,000 tonnes of urea from the US; more likely in future

The US is not a major urea exporting country, and govt data shows that Indian imports from Washington in 2019-20 were only 1.47 tonnes

In a first, India will import nearly 47,000 tonnes of urea from the US as tech giant Samsung will load the consignment at the New Orleans port for shipment to New Mangalore, a news report said. 

 

The cargo, expected to be loaded later this week, is being supplied at a rate of $716.5 per tonne, cost plus freight (CFR), according to a report