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European urea prices are trending slightly lower, down €3-7/t week on week, with gas costs moderate. Germany reports adequate urea supply and weak demand, while DAP stays high without upward pressure and potash is stable.
The EU's CBAM carbon levy, in force since January 2026, is proving less costly than expected.
Soft European nitrogen prices and ample supply reduce upward pressure on global urea, although phosphate costs remain elevated. Lower European import pressure could ease export offers to other regions.
zmp.deFeb 26, 2026Not enough comparable past events yet for a historical read.
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.
