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StoneX analysts expect global urea prices to drift lower over the coming months, as late Q2 and early Q3 are seasonally weak. North Africa is moving into June more comfortable than usual after selling to Europe and North America.
India could return to the market in late May or June, which may shift focus to western ports.
Expected weakness in global urea supports lower nitrogen input costs ahead of the summer season. A possible India return is the main upside risk to that softer outlook.
stonex.comJosh LinvilleMay 1, 2025stonex.comJosh LinvilleApr 29, 2025stonex.comJosh LinvilleMay 1, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
