Loading…
Urea barge prices in New Orleans fell 55% from the April peak to $350 per tonne on June 22 after the Hormuz ceasefire and renewed Chinese exports. Futures also dropped below pre-war levels, and analysts are watching India's next urea import tender for a possible price floor.
Sharp wholesale declines lower the cost of nitrogen for crops, but the timing of India's tender and China's export volumes will determine whether prices find a floor before fall demand.
fertilizerdaily.comKim ClarksenJun 24, 2026After 17 past bearish geopolitics events, UREA moved a median -1.9% over 5 sessions (41% higher; middle half -3.1% to +2.8%), and +0.2% 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.
