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Aliko Dangote, head of Nigeria's urea producer, said he was comfortable with the impact of US tariffs on his urea exports. The US imposed a 14% tariff on Nigerian imports as part of broad trade measures, which was later paused for 90 days.
Nigeria's urea exports to the US appear insulated from tariff disruption, so cargo flows should continue. The limited impact keeps tariff-driven urea supply risk modest.
reuters.comMay 1, 2025After 23 past neutral trade events, Urea moved a median 0.0% over 5 sessions (48% higher; middle half -1.1% to +1.0%), and +2.8% 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.
