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World urea prices have recently come under some pressure as China moves to export more fertilizer. International demand is currently subdued, while European nitrogen producers continue to struggle with high natural gas prices.
India is expected to soon launch another large urea tender.
Additional Chinese export volumes add supply to a market where buyers are holding back, which could weigh on urea prices until India's tender sets a new benchmark. High European gas costs keep the production floor elevated.
topagrar.comChristian BrüggemannNov 3, 2026After 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.
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.
