# Iran Cabinet Approves New Urea Fertilizer Plan, Allows Petrochemical Companies to Settle Claims With State Assets

> 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.

- Date: 2026-11-03 · published 2026-11-03T15:39:07.852Z
- Category: policy · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/78019-iran-cabinet-approves-new-urea-fertilizer-plan-allows-petrochemical-companies
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

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.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-12-11 | [(2nd LD) S. Korea to extend tariff quota on urea, fertilizer material over China's export curbs \| Yonhap News Agency](https://feedsoft.ai/events/32638-2nd-ld-s-korea-to-extend-tariff-quota-on-urea-fertilizer-material-over-china-s.md) | -3.1% | -2.4% |
| UREA | 2025-12-11 | [Urea market braces for EU’s CBAM \| World Fertilizer](https://feedsoft.ai/events/21823-urea-market-braces-for-eu-s-cbam-world-fertilizer.md) | +1.0% | +11.2% |
| UREA | 2025-10-15 | [November '25 Farmer Fertilizer Newsletter - Phosphate](https://feedsoft.ai/events/22328-november-25-farmer-fertilizer-newsletter-phosphate.md) | -0.5% | +2.3% |
| UREA | 2025-03-19 | [Govt allows Indian Potash Ltd to continue urea imports till March 2026 \| Mint](https://feedsoft.ai/events/25927-govt-allows-indian-potash-ltd-to-continue-urea-imports-till-march-2026-mint.md) | -0.7% | +5.6% |
| UREA | 2024-04-28 | [Uncertainty Brings Fertiliser Markets to Near Halt \| CZ app](https://feedsoft.ai/events/5020-uncertainty-brings-fertiliser-markets-to-near-halt-cz-app.md) | -7.7% | -6.1% |

## Sources

- roydadnaft.ir: https://roydadnaft.ir/English/19598/

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