US prices were firmer this week on spring demand, but bearish sentiment remains across products.

Not enough comparable past events yet for a historical read.

After 81 past bearish trade events, UREA moved a median -1.0% over 5 sessions (28% higher; middle half -7.2% to +0.4%), and -5.5% over 20.

• Oct 2, 2026Urea price rally stalls on sluggish Brazilian demand as market awaits India's latest tender-1.4%
• Oct 8, 2026Urea Prices Drop in India as China Reshapes Fertilizer Markets Across the Americas+2.3%
• Jun 23, 2026Fertilizer prices fall on slow demand, Chinese exports and Iran - Nikkei Asia-2.1%
• Aug 20, 2026IFDC: China’s urea exports ease nitrogen prices, but fertilizer markets remain tense - Fertilizer Daily+1.1%
• Apr 2, 2024Lack of Demand, Plentiful Supply Push Down Fertiliser Prices | CZ app-7.2%

After 40 past bearish trade events, DAP moved a median -0.1% over 5 sessions (38% higher; middle half -3.7% to +0.5%), and -2.4% over 20.

• Nov 6, 2023Fertiliser Markets Look Bearish With Limited Demand Pockets | CZ app+0.9%
• Oct 28, 2022China's return to the international marker drives down pricing of nitrogen, phosphate and potash | Farm Weekly | WA-6.6%
• Jan 7, 2021OCP Group acknowledges US decision to reduce preliminary countervailing duty rate | World Fertilizer+0.5%
• Nov 8, 2023US reduces tariffs on phosphate fertilizers from Morocco | Agriculture Dive+0.9%
• Oct 18, 2023Moroccan fertilizer company sees way back into US market for spring planting | Agri-Pulse Communications, Inc.+0.5%