
Urea prices have fallen in recent weeks after rising more than 80% in markets such as Brazil and Egypt following the outbreak of US-Iran hostilities in late February. Brazilian importers have pushed back, favoring cheaper ammonium sulfate, which surpassed urea imports in 2025 and continued to lead in early 2026.
Buyers switching to cheaper nitrogen products reduces urea demand and eases the price spike, though supply disruption through Hormuz keeps a floor under prices.
過去の弱気な貿易イベント81件の後、尿素 は5営業日で中央値 -1.0% 動き(28% が上昇。中央50%は -7.2% から +0.4%)、20営業日では -5.5% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
Buyer pushback and substitution to cheaper alternatives after the spike reduced urea demand in Brazil and Egypt.