# Urea Extends Decline as Supply Concerns Ease

> Urea futures fell to around $400/t, more than 40% below the April peak above $700. The decline followed easing Hormuz shipping concerns, China's relaxed export restrictions, and weaker Northern Hemisphere demand. Brazil also postponed purchases and imported less than a year earlier.

- Date: 2026-08-03 · published 2026-08-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/18191-urea-extends-decline-as-supply-concerns-ease
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower nitrogen costs ease input pressure on grain production, though futures remain about 9% above their level at the start of the year.

## Read by commodity

- UREA: bearish ▼

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/urea/news/572247

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.