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Urea prices in Australia have dropped about $260/t over four weeks as Middle East supply concerns eased and production resumed at several plants. China released export quotas and India moved to secure supply through a large import tender.
The replacement cost estimate for imported urea fell sharply over the month.
Additional Chinese export tonnes and an Indian tender expected to clear well below recent highs point to further downward pressure on global urea prices. Lower nitrogen costs ease margins for grain and feed producers.
farmonline.com.auAndrew Whitelaw, Episode 3Jun 11, 2026Not enough comparable past events yet for a historical read.
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.
