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Brazilian urea port prices rose about 14% in one month, from $405 to $461 per ton between June 26 and July 23, according to StoneX. Restrictions on shipping through the Strait of Hormuz are creating a perception of tighter supply.
Brazil and India are both competing for product ahead of their respective seasonal demand peaks.
Strong Brazilian and Indian import demand combined with Hormuz-related supply concerns supports higher urea costs for Brazilian farmers ahead of planting. Higher fertilizer costs can weigh on Brazilian margins and influence corn and soybean planting decisions.
tridge.comVictor Langat2026年7月29日在过去 205 次看涨的地缘政治事件之后，尿素 在 5 个交易日内中位数变动 +0.4%（53% 上涨；中间一半区间为 -2.1% 至 +3.0%），20 个交易日内为 -0.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
