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Pakistan's urea sales fell to 1.04 million tonnes in Q1 2026, the lowest in 24 quarters. The drop followed late-2025 discounts that pulled demand forward, and gas shortages at RLNG-based plants also disrupted production.
Weaker Pakistani import and purchase demand reduces near-term urea demand, which is mildly bearish for regional urea prices.
After 81 past bearish trade events, Urea moved a median -1.0% over 5 sessions (28% higher; middle half -7.2% to +0.4%), and -5.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.