Loading…
Middle East urea prices fell to about $630/mt as of Week 13, still 28% above pre-war levels. DAP and MAP prices remained high and stable, while Strait of Hormuz tensions continue to add risk premiums to fertilizer and energy markets.
Persistent geopolitical risk and elevated energy and freight costs keep fertilizer input costs high, which feeds into higher feed production costs.
ifdc.orgAfricaFertilizer Staff, IFDC Staff, Sustain Africa StaffJun 2, 2026After 205 past bullish geopolitics events, UREA moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.
After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.
After 60 past neutral geopolitics events, WTI moved a median -0.9% over 5 sessions (43% higher; middle half -4.7% to +2.3%), 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.
Middle East urea fell to about $630/mt, confirming the price decline in a key export region despite lingering Hormuz risk premium.
