# Urea – Midweek Update: Middle East crisis sees global urea prices established above $700pt fob

> Granular urea prices are now established at $700 per tonne fob and above at most major export points, with Nigeria's Dangote selling 30,000t for April shipment at $700 fob and Egyptian producers placing volumes at $710-720 fob. Middle East supply remains largely blocked from international trade, and import-dependent markets such as the US, Australia and India face rising replacement costs.

- Date: 2026-03-18 · published 2026-03-18T12:00:00.000Z
- Category: geopolitics · region Global · magnitude high
- Page: https://feedsoft.ai/events/20463-urea-midweek-update-middle-east-crisis-sees-global-urea-prices-established
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Blocked Gulf urea exports are tightening global nitrogen supply just before spring application, supporting higher fertilizer costs for feed grain growers and pushing up input costs for corn and other crops that feed livestock.

## Read by commodity

- CORN: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-07-01 | [Global urea prices rise with Middle East conflict \| News \| farmtalknews.com](https://feedsoft.ai/events/24079-global-urea-prices-rise-with-middle-east-conflict-news-farmtalknews-com.md) | +10.7% | +11.9% |
| UREA | 2024-10-07 | [Middle Eastern Conflict Jeopardises Global Urea Supply \| CZ app](https://feedsoft.ai/events/28190-middle-eastern-conflict-jeopardises-global-urea-supply-cz-app.md) | -0.1% | -4.4% |
| UREA | 2026-10-02 | [Markets Ablaze: Gas & LNG Prices Surge as Middle East Conflict Escalates](https://feedsoft.ai/events/17233-markets-ablaze-gas-and-lng-prices-surge-as-middle-east-conflict-escalates.md) | -1.4% | +1.1% |
| UREA | 2024-10-05 | [Middle East tensions support urea price rally.](https://feedsoft.ai/events/9417-middle-east-tensions-support-urea-price-rally.md) | -0.1% | -4.4% |
| UREA | 2025-06-23 | [Urea Prices Spike as Middle East Conflict Cuts Iranian Production \| CZ app](https://feedsoft.ai/events/24541-urea-prices-spike-as-middle-east-conflict-cuts-iranian-production-cz-app.md) | +1.4% | +12.4% |
| CORN | 2024-10-05 | [Middle East tensions support urea price rally.](https://feedsoft.ai/events/9417-middle-east-tensions-support-urea-price-rally.md) | -1.2% | -1.9% |
| CORN | 2024-10-02 | [Urea prices in the US experience price rally amid Middle East confrontations](https://feedsoft.ai/events/5243-urea-prices-in-the-us-experience-price-rally-amid-middle-east-confrontations.md) | -1.1% | -2.6% |
| CORN | 2023-02-14 | [Can Ukraine's Grain Corridor Ease the Global Food Crisis?](https://feedsoft.ai/events/14415-can-ukraine-s-grain-corridor-ease-the-global-food-crisis.md) | -0.8% | -5.8% |

## Sources

- profercy.com: https://www.profercy.com/insights/urea-middle-east-crisis-midweek-update-pace-of-price-gains-slows-yet-fob-values-edge-higher

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