UREA

Weekly Benchmark Price Comparison

Latest Update • 17 Sept 2026

Prilled urea - fob bulk

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Market	Previous Week 10 Sept 2026	Current Week 17 Sept 2026	Change
Black Sea	375-385	380-395	▲+7.5
Baltic	370-380	375-390	▲+7.5
Middle East	420-440	430-460	▲+15.0
China	355-365	355-365	—0.0
Brazil (cfr)	415-420	433-440	▲+19.0
Mexico (cfr) east coast	427-442	438-445	▲+7.0
Southeast Asia (cfr)	400-430	400-430	—0.0
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Granular urea - fob bulk

Market	Previous Week 10 Sept 2026	Current Week 17 Sept 2026	Change
Middle East all netbacks	311-452	318-470	▲+12.5
Middle East US netback	327-452	337-462	▲+10.0
Middle East Brazil netback	311-445	318-457	▲+9.5
Middle East non-US netbacks	430-450	440-470	▲+15.0
Iran	330-345	340-350	▲+7.5
Egypt (Europe)	505-510	515-530	▲+15.0
Egypt (non-Europe)	430-500	454-500	▲+12.0
Algeria	435-515	456-550	▲+28.0
North Africa full range	430-515	454-550	▲+29.5
Nigeria	455-475	480-500	▲+25.0
China	410-420	420-435	▲+12.5
Southeast Asia	415-425	430-443	▲+16.5
Southeast Asia (cfr)	435-450	450-470	▲+17.5
Geelong, Australia (A$/t fca)	750-770	750-770	—0.0
Australia (cfr)	460-470	470-490	▲+15.0
Venezuela/Trinidad	240-418	250-431	▲+11.5
Brazil (cfr)	455-485	465-500	▲+12.5
Argentina (cfr)	490-500	505-525	▲+20.0
Mexico (cfr) west coast	463-473	475-490	▲+14.5
US Gulf (barge), $/st	440.0-465.0	453.0-478.0	▲+13.0
US Gulf (cfr)	480-507	494-521	▲+14.0
Nola barge weighted average Jul 26	450.93	471.60	▲+20.7
Nola barge weighted average Aug 26	452.00	466.60	▲+14.6
French Atlantic (fca), €/t	510-515	525-540	▲+20.0
Baltic	415-440	422-470	▲+18.5
Romania (cfr)	480-485	490-520	▲+22.5
Black Sea	455-470	455-495	▲+12.5
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Next report →17 Sept 2026Previous Report