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Global nitrogen fertilizer prices are easing as the market centre shifts to China, with urea rising modestly in August in several origins. Ammonia prices have fallen west of Suez, with Tampa contracts dropping from $825/t in May to $555/t in August, while eastern prices stabilised near $450-460/t.
China plans a third export quota of 2 million tons.
Planned Chinese export quota additions will add supply to the region and pressure urea and ammonia prices, while high European gas costs limit the downside in some markets.
graintrade.com.uaSep 1, 2026After 34 past bearish policy events, Urea moved a median -0.8% over 5 sessions (38% higher; middle half -3.3% to +1.8%), and -4.5% over 20.
After 29 past neutral policy events, DAP moved a median +0.2% over 5 sessions (55% higher; middle half -0.4% to +1.3%), and +1.9% 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.
