# StoneX anticipates further declines in urea prices before fall demand drives a recovery — Fertilizer Daily

> StoneX's Josh Linville expects global urea prices to fall another $30-50 per tonne before bottoming, after NOLA barges dropped to about $350/t. Weakness is attributed to the reopening of Hormuz, China's return to urea exports, and the absence of major buyers in the US and Europe.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6823-stonex-anticipates-further-declines-in-urea-prices-before-fall-demand-drives-a
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Nitrogen prices are expected to keep falling near term, lowering costs for feed producers. A rebound is anticipated when fall demand returns and lost Middle East and Chinese output tightens supply later in the year.

## Read by commodity

- UREA: bearish ▼

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20260624-stonex-urea-could-drop-another-30-50t-before-recovering-but-h2-demand-will-pay-for-the-lost-tonnes/

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