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Global urea fob values rose 16-25% within a few days of the Israel-Iran conflict starting, with major benchmarks in North Africa and the Middle East reaching levels not seen since late 2022. Iranian production has been curtailed, and Egyptian producers have lost all feedstock after Israeli gas flows stopped.
Iran and Egypt together exported roughly 7 million tonnes per year in recent years.
The loss of export-oriented supply from Iran and Egypt, which mainly serve Turkey, Brazil and Europe, has driven a major price advance. Expensive nitrogen will keep pressure on fertilizer costs for grain and feed producers.
profercy.comChris Yearsley20 jun 2025Tras 205 eventos alcista de geopolítica pasados, Urea se movió una mediana de +0,4 % en 5 sesiones (53% al alza; mitad central entre -2,1 % y +3,0 %), y -0,4 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
