Actual
390.00
Daily Change
-2.50 -0.64%
Monthly
-7.69%
Yearly
-11.51%
Q3 Forecast
382.84
Urea - Summary

Urea futures fell to around $400 per tonne, down more than 40% from the three-and-a-half-year high above $700 reached on April 15, as concerns over prolonged supply disruptions in the Middle East continued to ease. Prices came under pressure after signs of progress in negotiations aimed at restoring shipping through the Strait of Hormuz reduced fears of disruptions to fertilizer trade. The decline was also driven by China's decision to relax urea export restrictions, increasing global supply, while the market adjusted to cargoes previously delayed around the Strait of Hormuz. Seasonal demand has also weakened as planting across much of the Northern Hemisphere draws to a close. In addition, Brazil, one of the world's largest fertilizer importers, postponed purchases and imported less urea than a year earlier, further weighing on prices. Despite the sharp correction from April's peak, urea futures remain roughly 9% higher since the start of the year.

Urea - Stats

Urea fell to 390 USD/T on August 13, 2026, down 0.64% from the previous day. Over the past month, Urea's price has fallen 7.69%, and is down 11.51% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Urea reached an all time high of 1050 in April of 2022. This page includes a chart with historical data for Urea. Urea - data, forecasts, historical chart - was last updated on August 15 of 2026.

Urea - Forecast

Urea fell to 390 USD/T on August 13, 2026, down 0.64% from the previous day. Over the past month, Urea's price has fallen 7.69%, and is down 11.51% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Urea is expected to trade at 382.84 USD/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 336.92 in 12 months time.



Price Day Month Year Date
Bitumen 4,180.00 9.00 0.22% 3.11% 19.84% Aug/14
Cobalt 56,290.00 0 0% 0% 68.86% Aug/13
Lead 1,895.58 0 0% 2.32% -4.43% Aug/14
Aluminum 3,247.70 0.0001 0% 3.18% 24.74% Aug/14
Tin 55,569.00 -285 -0.51% 3.26% 66.06% Aug/13
Zinc 3,758.25 20.80 0.56% 5.91% 34.46% Aug/14
Nickel 16,810.00 50 0.30% -0.12% 10.63% Aug/14
Molybdenum 617.50 0 0% 0% 24.72% Aug/14
Palladium 1,325.50 -0.50 -0.04% 2.55% 20.77% Aug/14
Gallium 1,815.00 0 0% -5.71% 13.08% Aug/14
Germanium 24,500.00 0 0% 5.38% 69.00% Aug/14
Manganese 28.75 0 0% -4.96% -3.33% Aug/14
Indium 5,500.00 0 0% -4.35% 109.52% Aug/14
Kraft Pulp 4,696.00 36.00 0.77% -3.22% -10.11% Aug/14
Magnesium 16,900.00 0 0% 1.20% -7.90% Aug/14
Polyethylene 7,854.00 51.00 0.65% 2.05% 7.66% Aug/14
Polyvinyl 4,495.00 -26.00 -0.58% -2.24% -9.43% Aug/14
Polypropylene 8,392.00 13.00 0.16% 4.05% 18.83% Aug/14
Soda Ash 1,030.00 0 0% -8.04% -16.53% Aug/14
Neodymium 955,000.00 0 0% -4.98% 40.93% Aug/14
Tellurium 805.00 0 0% -1.83% 33.07% Aug/14
Urea 390.00 -2.50 -0.64% -7.69% -11.51% Aug/13
Di-ammonium 795.00 0 0% 3.58% -0.63% Aug/14
Rhodium 8,800.00 25 0.28% 8.64% 16.17% Aug/14


Urea
Urea is commonly used in agriculture as a fertiliser and an animal feed additive. The primary function of urea fertiliser is to provide nitrogen to plants to promote green leafy growth and make the plants appear lush. Urea also helps plants with photosynthesis. Urea futures are widely traded on the Chicago Board of Trade (CBOT). Futures contracts for Urea are financial instruments that allow producers, large consumers, and speculators, to offset or assume the risk of a price change of holding a quantity of Urea over time. Prices for Urea displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.
Actual Previous Highest Lowest Dates Unit Frequency
390.00 392.50 1050.00 212.50 2019 - 2026 USD/T daily

News Stream
Urea Extends Decline as Supply Concerns Ease
Urea futures fell to around $400 per tonne, down more than 40% from the three-and-a-half-year high above $700 reached on April 15, as concerns over prolonged supply disruptions in the Middle East continued to ease. Prices came under pressure after signs of progress in negotiations aimed at restoring shipping through the Strait of Hormuz reduced fears of disruptions to fertilizer trade. The decline was also driven by China's decision to relax urea export restrictions, increasing global supply, while the market adjusted to cargoes previously delayed around the Strait of Hormuz. Seasonal demand has also weakened as planting across much of the Northern Hemisphere draws to a close. In addition, Brazil, one of the world's largest fertilizer importers, postponed purchases and imported less urea than a year earlier, further weighing on prices. Despite the sharp correction from April's peak, urea futures remain roughly 9% higher since the start of the year.
2026-08-03
Urea Futures Surge to Highest Since Oct 2022 on Supply Risks
Urea futures rose above $700 per tonne, the highest since October 2022, and are more than 70% higher this year, as the war in the Middle East severely disrupts global fertilizer markets. The conflict has driven a sharp spike in natural gas prices, a key input for urea production, and restricted flows through the Strait of Hormuz, which handles about a third of global fertilizer shipments. Gulf Cooperation Council members, including Saudi Arabia, Qatar, and Oman, supply roughly a quarter of global urea exports, adding to concerns. Also, production in India and Bangladesh has been hit by plant shutdowns and maintenance amid limited LNG supplies. At the same time, China has tightened export restrictions to secure domestic supply, while Russia has curtailed shipments of key nutrients. Demand is also surging ahead of the spring planting season, particularly in large agricultural economies, forcing countries to scramble for imports and pushing prices higher.
2026-03-24