# International urea prices retreat from highs; geopolitical situation continues to solidify the price floor. - ChemNet

> International urea prices have retreated from the March peak, with spot quotes down nearly 20% but still more than 20% above year-ago levels. The average price was $577 per ton as of May 15, versus a March high near $714. Weaker buyer demand and higher supply from CIS and non-Gulf Middle East sources drove the correction.

- Date: 2026-05-21 · published 2026-05-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/19583-international-urea-prices-retreat-from-highs-geopolitical-situation-continues
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Softer demand and additional non-Gulf supply are pushing urea lower, though Hormuz shipping disruptions continue to limit the downside.

## Read by commodity

- UREA: bearish ▼

## Sources

- news.chemnet.com: https://news.chemnet.com/news-5623.html

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