UREA

Weekly Benchmark Price Comparison

Latest Update • 22 Oct 2026

Prilled urea - fob bulk

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Market	Previous Week 15 Oct 2026	Current Week 22 Oct 2026	Change
Black Sea	375-405	375-400	▼-2.5
Baltic	370-400	370-395	▼-2.5
Middle East	410-435	430-445	▲+15.0
China	320-355	345-352	▲+11.0
Brazil (cfr)	430-445	430-450	▲+2.5
Mexico (cfr) east coast	435-450	425-459	▼-0.5
Southeast Asia (cfr)	380-390	385-420	▲+17.5
India (cfr)	352.00-356.00	352.00-356.00	—0.0

Granular urea - fob bulk

Market	Previous Week 15 Oct 2026	Current Week 22 Oct 2026	Change
Middle East all netbacks	302-445	313-455	▲+10.5
Middle East US netback	302-423	313-428	▲+8.0
Middle East Brazil netback	309-443	325-444	▲+8.5
Middle East non-US netbacks	420-445	440-455	▲+15.0
Iran	335-350	350-350	▲+7.5
Egypt (Europe)	464-510	515-535	▲+38.0
Egypt (non-Europe)	435-455	445-470	▲+12.5
Algeria	440-515	450-540	▲+17.5
North Africa full range	435-515	445-540	▲+17.5
Nigeria	430-470	465-475	▲+20.0
China	410-430	425-435	▲+10.0
Southeast Asia	420-440	430-440	▲+5.0
Southeast Asia (cfr)	450-475	460-485	▲+10.0
Geelong, Australia (A$/t fca)	810-830	790-810	▼-20.0
Australia (cfr)	480-500	480-495	▼-2.5
Venezuela/Trinidad	200-395	195-403	▲+1.5
Brazil (cfr)	455-485	470-485	▲+7.5
Argentina (cfr)	485-505	500-520	▲+15.0
Mexico (cfr) west coast	440-475	480-495	▲+30.0
US Gulf (barge), $/st	420.0-440.0	430.0-445.0	▲+7.5
US Gulf (cfr)	457-480	468-485	▲+8.0
Nola barge weighted average Jul 26	433.71	435.00	▲+1.3
Nola barge weighted average Aug 26	423.00	438.00	▲+15.0
French Atlantic (fca), €/t	545-555	545-550	▼-2.5
Baltic	400-425	410-430	▲+7.5
Romania (cfr)	475-480	500-515	▲+30.0
Black Sea	445-475	462-480	▲+11.0
India (cfr)	352.00-356.00	352.00-356.00	—0.0

Next Report22 Oct 2026Previous Report