# NOLA urea prices drop 55% from April peak as Hormuz ceasefire and renewed Chinese exports reshape the market — Fertilizer Daily

> 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.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19117-nola-urea-prices-drop-55-from-april-peak-as-hormuz-ceasefire-and-renewed
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

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.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-07-24 | [WTO data confirms Strait of Hormuz fertilizer trade disruption is easing as urea nears pre-war price — Fertilizer Daily](https://feedsoft.ai/events/18655-wto-data-confirms-strait-of-hormuz-fertilizer-trade-disruption-is-easing-as.md) | +1.6% | -1.2% |
| UREA | 2026-08-25 | [UN proposes Oman-based mechanism to restore fertilizer transit through Strait of Hormuz — Fertilizer Daily](https://feedsoft.ai/events/18193-un-proposes-oman-based-mechanism-to-restore-fertilizer-transit-through-strait.md) | +11.1% | +16.2% |
| UREA | 2026-10-24 | [Urea prices ease on Chinese supplies - Newspaper - DAWN.COM](https://feedsoft.ai/events/651-urea-prices-ease-on-chinese-supplies-newspaper-dawn-com.md) | -0.1% | — |
| UREA | 2026-06-22 | [Urea fertilizer prices tumble as strait reopens \| The Western Producer](https://feedsoft.ai/events/19116-urea-fertilizer-prices-tumble-as-strait-reopens-the-western-producer.md) | -2.4% | -3.0% |
| UREA | 2026-06-18 | [Fertilizer, fuel prices drop with all eyes on Strait of Hormuz \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/18705-fertilizer-fuel-prices-drop-with-all-eyes-on-strait-of-hormuz-agri-pulse.md) | -3.1% | -4.6% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20260624-nola-urea-prices-drop-55-from-april-peak-as-hormuz-ceasefire-and-renewed-chinese-exports-reshape-the-market/

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