UREA

Weekly Benchmark Price Comparison

Latest Update • 24 Sept 2026

Prilled urea - fob bulk

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Market	Previous Week 17 Sept 2026	Current Week 24 Sept 2026	Change
Black Sea	380-395	380-395	—0.0
Baltic	375-390	385-400	▲+10.0
Middle East	430-460	445-460	▲+7.5
China	355-365	365-378	▲+11.5
Brazil (cfr)	433-440	435-450	▲+6.0
Mexico (cfr) east coast	438-445	495-460	▲+36.0
Southeast Asia (cfr)	400-430	410-430	▲+5.0
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Granular urea - fob bulk

Market	Previous Week 17 Sept 2026	Current Week 24 Sept 2026	Change
Middle East all netbacks	318-470	324-470	▲+3.0
Middle East US netback	337-462	336-457	▼-3.0
Middle East Brazil netback	318-457	324-443	▼-4.0
Middle East non-US netbacks	440-470	455-470	▲+7.5
Iran	340-350	335-360	▲+2.5
Egypt (Europe)	515-530	525-535	▲+7.5
Egypt (non-Europe)	454-500	458-470	▼-13.0
Algeria	456-550	463-540	▼-1.5
North Africa full range	454-550	458-540	▼-3.0
Nigeria	480-500	490-500	▲+5.0
China	420-435	430-450	▲+12.5
Southeast Asia	430-443	445-495	▲+33.5
Southeast Asia (cfr)	450-470	470-480	▲+15.0
Geelong, Australia (A$/t fca)	750-770	810-830	▲+60.0
Australia (cfr)	470-490	500-510	▲+25.0
Venezuela/Trinidad	250-431	250-426	▼-2.5
Brazil (cfr)	465-500	470-505	▲+5.0
Argentina (cfr)	505-525	518-535	▲+11.5
Mexico (cfr) west coast	475-490	470-490	▼-2.5
US Gulf (barge), $/st	453.0-478.0	450.0-471.5	▼-4.8
US Gulf (cfr)	494-521	491-514	▼-5.0
Nola barge weighted average Jul 26	471.60	453.96	▼-17.6
Nola barge weighted average Aug 26	466.60	451.00	▼-15.6
French Atlantic (fca), €/t	525-540	540-550	▲+12.5
Baltic	422-470	425-445	▼-11.0
Romania (cfr)	490-520	495-520	▲+2.5
Black Sea	455-495	460-490	—0.0
India (cfr)	390.00-394.00	390.00-394.00	—0.0

Next report →24 Sept 2026Previous Report