
Global urea prices kept falling in late August 2025 as buyers and sellers waited for India's 2 September tender. Prilled urea in the Baltic slipped to $425–450/t fob on weak Brazilian demand, while Black Sea and Iranian granular prices also declined.
Middle East offers were resisted by buyers, and Iran faced high stocks.
Weak import demand from Brazil and large Iranian inventories are pushing export prices down across regions. Traders are positioning around India's tender, which will set the September price direction.
在过去 81 次看跌的贸易事件之后,尿素 在 5 个交易日内中位数变动 -1.0%(28% 上涨;中间一半区间为 -7.2% 至 +0.4%),20 个交易日内为 -5.5%。
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。
Dated 2025-09-01, it describes urea prices falling in late August on weak Brazilian demand, high Iranian stocks and buyer resistance ahead of India's 2 September tender, which is the direct sentiment and demand driver of the drop.
Published 2025-09-01, it shows urea prices already sliding into India's 2 September tender on weak Brazilian demand, high Iranian stocks and buyer resistance, which is the pre-move bearish backdrop for the 1-day drop.