UREA

Weekly Benchmark Price Comparison

Latest Update • 03 Sept 2026

Prilled urea - fob bulk

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Market	Previous Week 27 Aug 2026	Current Week 03 Sept 2026	Change
Black Sea	350-375	370-400	▲+22.5
Baltic	345-370	365-395	▲+22.5
Middle East	395-410	405-425	▲+12.5
China	380-395	365-380	▼-15.0
Brazil (cfr)	390-415	410-420	▲+12.5
Mexico (cfr) east coast	397-416	400-426	▲+6.5
Southeast Asia (cfr)	420-430	405-420	▼-12.5
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Granular urea - fob bulk

Market	Previous Week 27 Aug 2026	Current Week 03 Sept 2026	Change
Middle East all netbacks	292-420	296-435	▲+9.5
Middle East US netback	292-402	304-434	▲+22.0
Middle East Brazil netback	294-408	296-425	▲+9.5
Middle East non-US netbacks	405-420	415-435	▲+12.5
Iran	325-345	330-335	▼-2.5
Egypt (Europe)	490-490	500-505	▲+12.5
Egypt (non-Europe)	405-420	415-515	▲+52.5
Algeria	410-495	420-520	▲+17.5
North Africa full range	405-495	415-520	▲+17.5
Nigeria	430-445	430-465	▲+10.0
China	395-410	400-410	▲+2.5
Southeast Asia	400-415	405-420	▲+5.0
Southeast Asia (cfr)	425-445	432-445	▲+3.5
Geelong, Australia (A$/t fca)	790-810	760-780	▼-30.0
Australia (cfr)	450-470	460-470	▲+5.0
Venezuela/Trinidad	210-377	225-400	▲+19.0
Brazil (cfr)	435-445	440-465	▲+12.5
Argentina (cfr)	455-465	475-485	▲+20.0
Mexico (cfr) west coast	445-455	440-464	▲+2.0
US Gulf (barge), $/st	406.0-417.0	420.0-449.0	▲+23.0
US Gulf (cfr)	442-454	457-489	▲+25.0
Nola barge weighted average Jul 26	410.33	437.47	▲+27.1
Nola barge weighted average Aug 26	414.57	432.00	▲+17.4
French Atlantic (fca), €/t	490-490	495-510	▲+12.5
Baltic	385-400	395-420	▲+15.0
Romania (cfr)	460-470	465-500	▲+17.5
Black Sea	435-445	445-465	▲+15.0
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Next report →03 Sept 2026Previous Report