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Brazil's urea market firmed in mid-October, with granular urea at $415-435/t CFR and Russian-origin urea around $420/t CFR. Traders expect monthly imports could reach 700,000 tonnes ahead of the first-quarter 2026 safrinha crop season.
Strong pre-season import demand in Brazil supports urea prices, although a large Indian tender could pull cargoes away from Latin America. Higher nitrogen costs raise input costs for Brazilian crops, including the safrinha corn crop.
fertilizerfield.comRohit AgarwalOct 13, 2025Not 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.
