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Global fertilizer prices have fallen sharply since late April, easing the cost spikes that followed the Iran war. Chinese government authorization of urea exports has pushed prices down from their peak, and some industry insiders warn the market could stay volatile for months.
Renewed Chinese urea exports add supply during a seasonal demand lull, which pressures fertilizer prices lower and could reduce input costs for grain and oilseed growers later in the year.
asia.nikkei.comJOSEPH RACHMAN, WATARU SUZUKIJun 23, 2026After 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.
