UREA

Weekly Benchmark Price Comparison

Latest Update • 01 Oct 2026

Prilled urea - fob bulk

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Market	Previous Week 24 Sept 2026	Current Week 01 Oct 2026	Change
Black Sea	380-395	375-405	▲+2.5
Baltic	385-400	370-400	▼-7.5
Middle East	445-460	430-450	▼-12.5
China	365-378	365-380	▲+1.0
Brazil (cfr)	435-450	430-450	▼-2.5
Mexico (cfr) east coast	495-460	420-440	▼-47.5
Southeast Asia (cfr)	410-430	400-425	▼-7.5
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Granular urea - fob bulk

Market	Previous Week 24 Sept 2026	Current Week 01 Oct 2026	Change
Middle East all netbacks	324-470	315-460	▼-9.5
Middle East US netback	336-457	315-438	▼-20.0
Middle East Brazil netback	324-443	321-455	▲+4.5
Middle East non-US netbacks	455-470	440-460	▼-12.5
Iran	335-360	335-350	▼-5.0
Egypt (Europe)	525-535	510-535	▼-7.5
Egypt (non-Europe)	458-470	450-470	▼-4.0
Algeria	463-540	455-540	▼-4.0
North Africa full range	458-540	450-540	▼-4.0
Nigeria	490-500	460-485	▼-22.5
China	430-450	430-450	—0.0
Southeast Asia	445-495	435-455	▼-25.0
Southeast Asia (cfr)	470-480	460-480	▼-5.0
Geelong, Australia (A$/t fca)	810-830	820-840	▲+10.0
Australia (cfr)	500-510	500-500	▼-5.0
Venezuela/Trinidad	250-426	225-406	▼-22.5
Brazil (cfr)	470-505	465-495	▼-7.5
Argentina (cfr)	518-535	515-530	▼-4.0
Mexico (cfr) west coast	470-490	440-480	▼-20.0
US Gulf (barge), $/st	450.0-471.5	430.0-452.0	▼-19.8
US Gulf (cfr)	491-514	468-493	▼-22.0
Nola barge weighted average Jul 26	453.96	438.86	▼-15.1
Nola barge weighted average Aug 26	451.00	438.86	▼-12.1
French Atlantic (fca), €/t	540-550	542-555	▲+3.5
Baltic	425-445	415-435	▼-10.0
Romania (cfr)	495-520	495-500	▼-10.0
Black Sea	460-490	462-480	▼-4.0
India (cfr)	390.00-394.00	390.00-394.00	—0.0

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