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The international urea reference fell from US$435 to US$431 per tonne FOB between October 22 and 29, while MAP averaged US$841 and held steady on scarce prompt supply. Energy-driven costs kept European and North African urea offers firm, while Chinese export availability and the absence of a new Indian tender weighed on other markets.
Higher European gas costs lift the floor for nitrogen fertilizer prices, while tight phosphate availability supports MAP, raising feed-ingredient and crop input costs for buyers.
verdenews.com.uyNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
