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China reopened urea exports in June 2026 with a minimum price of about $660/t, then shifted by September to an annual export quota of roughly 3.3 million tonnes and lower FOB floors of about $430-440/t for most destinations and about $500/t for India.
Chinese export quotas and lower price floors add significant supply to the global urea market, pressuring international nitrogen prices lower.
fertilizerdaily.comKim Clarksen2026年6月2日在过去 34 次看跌的政策事件之后，尿素 在 5 个交易日内中位数变动 -0.8%（38% 上涨；中间一半区间为 -3.3% 至 +1.8%），20 个交易日内为 -4.5%。
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。
China reopening urea exports with a quota of roughly 3.3 million tonnes and lower FOB floors adds expected global supply and pressures prices, though the policy dates are partly ambiguous relative to the window.
China's export policy details, including the quota and lower FOB floors, point to more supply at lower price levels, which is bearish.
Details of China's export policy and quota size/price floors shape the supply outlook and price expectations, though dated after the move.
