# Urea Prices Moved Higher in Week Ended October 27

> Granular urea prices rose week-over-week in the week ended October 27, 2017, with the Cornbelt up 2.9% to $257/mt, NOLA up 2.0% to $227/mt, and the Middle East up 1.5% to $266/mt. Prilled urea at Yuzhny rose 2.2% to $275/mt. Prices were 24% to 42% higher year-over-year across the locations.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68764-urea-prices-moved-higher-in-week-ended-october-27
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Firmer urea prices raise feed-grain input costs for nitrogen-dependent corn growers and point to tighter nitrogen supply as excess capacity is absorbed. China's slowdown as an exporter is a key factor supporting prices.

## Read by commodity

- UREA: bullish ▲

## Sources

- marketrealist.com: https://marketrealist.com/2017/10/urea-prices-move-higher-territory-week-ending-october-27/

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