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Egyptian granular urea is fetching about USD 535 per ton FOB for November contracts, up roughly 17% from about USD 457 in September, making Egypt the priciest origin among comparable regions. The rally coincides with Egypt rationing natural gas to fertilizer plants, with Kima reporting a 20% supply cut from 1 November while Mopco says it is adjusting output to available gas.
Gas rationing constrains Egyptian urea output at a time of tight global nitrogen supply, supporting higher urea prices that raise feed-grain production costs and can pressure farmer margins for corn and other feed crops.
enterpriseam.comNov 4, 2026After 49 past bullish logistics events, Urea moved a median -0.3% over 5 sessions (45% higher; middle half -1.3% to +2.2%), and -0.4% 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.
