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Global urea prices have surged as escalating violence in the Middle East threatens supplies from a major producing and exporting region. Some Mideast producers have halted output, and the region accounts for nearly half of world urea exports.
Lost output from a region supplying about half of seaborne urea tightens global supply and lifts prices for fertilizer buyers and corn growers' input costs.
bloomberg.comHallie GuJun 23, 2025After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.
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.
