# Urea prices declined globally to $290 per ton

> According to MMI, global urea prices fell about 6% over the past month to $290/t, with granular urea at $305/t. The decline was attributed to weak European demand and uncertainty after a major Indian tender, although prices rose in the US, Brazil and parts of Russia's Far East.

- Date: 2024-09-11 · published 2024-09-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28639-urea-prices-declined-globally-to-290-per-ton
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower global urea prices reduce nitrogen costs for feed-grain growers, though firming in the US and Brazil suggests regional support.

## Read by commodity

- UREA: bearish ▼

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20240911-urea-prices-declined-globally-to-290-per-ton/

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