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International urea prices eased in several markets, with China’s small-granule FOB offers falling to $340–350 per tonne and large-granule offers to $415–425 per tonne. Offers also declined in parts of the Black Sea, Baltic, Middle East, Iran and Southeast Asia, while prices in India, Brazil and Egypt were largely steady.
The report says high Chinese domestic production continues to weigh on supply, with export demand and Indian tenders among the factors to watch.
Lower Chinese export offers and softer prices across some export origins weaken international price support for urea, potentially easing procurement costs for feed-linked crop production. Steady prices in major destination markets indicate demand has not broadly collapsed, so the price pressure may remain limited.
finance.sina.com.cnNov 7, 2026Not 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.
