# Urea Prices Set to Pick Up as Potash, Ammonia Dip | CZ app

> Urea prices in the Middle East and Egypt rose this week, with Egyptian FOB values climbing from USD 380 to 400/tonne and Middle Eastern sales near USD 360/tonne. Iranian volumes fell on gas problems, lifting Iranian prices to USD 320/tonne, and China is not expected to export until after Lunar New Year.

- Date: 2024-01-29 · published 2024-01-29T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/32050-urea-prices-set-to-pick-up-as-potash-ammonia-dip-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Reduced Iranian supply and Chinese export absence, combined with seasonal buying from the US, Europe, Thailand and Australia, point to higher urea prices, raising input costs for nitrogen-dependent feed grain production.

## Read by commodity

- CORN: neutral
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-10-21 | [India's Tender Boosts Urea, DAP, Potash Prices \| CZ app](https://feedsoft.ai/events/6843-india-s-tender-boosts-urea-dap-potash-prices-cz-app.md) | -0.4% | -5.4% |
| UREA | 2025-01-06 | [India’s Urea Tender Falls Short, Potash Prices Rise \| CZ app](https://feedsoft.ai/events/11882-india-s-urea-tender-falls-short-potash-prices-rise-cz-app.md) | +4.0% | +14.8% |
| UREA | 2023-09-17 | [Potash Unchanged Whilst Urea & Ammonia Under Scrutiny \| CZ app](https://feedsoft.ai/events/34451-potash-unchanged-whilst-urea-and-ammonia-under-scrutiny-cz-app.md) | -0.5% | -6.2% |
| UREA | 2024-12-16 | [Urea Prices Surge But Phosphate and Ammonia Struggle \| CZ app](https://feedsoft.ai/events/26888-urea-prices-surge-but-phosphate-and-ammonia-struggle-cz-app.md) | +0.2% | +8.7% |
| UREA | 2025-04-28 | [Fertilizer Prices Surge as Spring Imports Drive Urea, Phosphate, Potash \| CZ app](https://feedsoft.ai/events/4274-fertilizer-prices-surge-as-spring-imports-drive-urea-phosphate-potash-cz-app.md) | +13.4% | +10.6% |
| CORN | 2024-09-30 | [Fertilizer Prices Steady Amid Global Developments \| CZ app](https://feedsoft.ai/events/5247-fertilizer-prices-steady-amid-global-developments-cz-app.md) | +1.0% | -0.6% |
| CORN | 2020-08-10 | [Profercy World Nitrogen Index registers large gains as urea prices continue to ramp up](https://feedsoft.ai/events/51542-profercy-world-nitrogen-index-registers-large-gains-as-urea-prices-continue-to.md) | +4.0% | +9.0% |
| CORN | 2025-04-30 | [U.S. potash prices rise with new tariffs on Canadian imports](https://feedsoft.ai/events/25452-u-s-potash-prices-rise-with-new-tariffs-on-canadian-imports.md) | -1.7% | +0.6% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/urea-prices-set-to-pick-up-as-potash-ammonia-dip/

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