# Fertilizer prices split: Urea stabilizes while diammonium phosphate surges 29%

> According to the Korea Rural Economic Institute's Q3 2026 trade report, international urea prices spiked from $415.4/t in January to $856.9/t in April, then fell to $407.5/t by September, roughly back to the January level. Diammonium phosphate (DAP) moved the other way, rising from $619.2/t in January to $800.6/t in September, up 29.3%.

- Date: 2026-11-13 · published 2026-11-14T00:10:58.386Z
- Category: report · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/98590-fertilizer-prices-split-urea-stabilizes-while-diammonium-phosphate-surges-29
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Urea has fully unwound its Middle East conflict premium, while DAP keeps climbing on Strait of Hormuz disruptions, so phosphate feed-ingredient and fertilizer costs for buyers remain firm even as nitrogen relief arrives.

## Read by commodity

- DAP: bullish ▲
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2026-09-05 | [CoBank warns higher fertilizer prices are structural as phosphate capacity forecast drops 13%](https://feedsoft.ai/events/17780-cobank-warns-higher-fertilizer-prices-are-structural-as-phosphate-capacity.md) | +0.9% | +1.3% |
| DAP | 2024-12-23 | [Fertilizer prices stabilize in 2024, but uncertainty continues \| Ag Proud](https://feedsoft.ai/events/26887-fertilizer-prices-stabilize-in-2024-but-uncertainty-continues-ag-proud.md) | 0.0% | +1.5% |
| DAP | 2022-01-09 | [Global Fertilizer Price Update: December’21 -](https://feedsoft.ai/events/43442-global-fertilizer-price-update-december-21.md) | -1.4% | +0.3% |
| DAP | 2022-10-08 | [Global Fertilizer Price Updates: September’ 2022 -](https://feedsoft.ai/events/39446-global-fertilizer-price-updates-september-2022.md) | 0.0% | -3.8% |
| DAP | 2026-02-25 | [U.S. Fertilizer Prices Rise for Second Week as Urea Leads Nitrogen Rally](https://feedsoft.ai/events/20928-u-s-fertilizer-prices-rise-for-second-week-as-urea-leads-nitrogen-rally.md) | +4.7% | +4.5% |
| UREA | 2025-01-15 | [Fertilizer prices stabilize amid lower input costs and trade shifts](https://feedsoft.ai/events/26436-fertilizer-prices-stabilize-amid-lower-input-costs-and-trade-shifts.md) | +0.9% | +14.3% |
| UREA | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +8.3% | +8.3% |
| UREA | 2021-10-05 | [International Fertilizer Price September'21 Update -](https://feedsoft.ai/events/44881-international-fertilizer-price-september-21-update.md) | +6.2% | +11.5% |

## Sources

- biz.heraldcorp.com: https://biz.heraldcorp.com/article/10934489

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