Loading…
Iran's Cabinet approved a new mechanism for supplying and distributing urea fertilizer to the agricultural sector, requiring the National Petrochemical Company to organize annual supply of 2.4 million metric tons in 50-kilogram bags. The resolution, issued November 1, 2026, also lets petrochemical companies settle outstanding claims by transferring government-owned assets available for sale.
A guaranteed domestic urea allocation of 2.4 million tons supports Iranian farm input supply, but it is a domestic policy measure with limited direct effect on global urea prices, which remain driven by Gulf export disruptions.
roydadnaft.irMohammadSadegh RazmiNov 3, 2026After 26 past neutral policy events, UREA moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% 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.
