| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Urea | China | FOB | USD 272.17/MT | April 2026 |
| Urea | India | CIF | USD 322.05/MT | April 2026 |
| Urea | USA | FOB | USD 1,003.00/MT | April 2026 |
| Urea | Brazil | CIF | USD 393.27/MT | April 2026 |
| Urea | Canada | CIF | USD 359.17/MT | April 2026 |
| Urea | China | FOB | USD 271/MT | March 2026 |
| Urea | India | CIF | USD 687/MT | March 2026 |
| Urea | USA | CIF | USD 1000/MT | March 2026 |
| Urea | Brazil | CIF | USD 369/MT | March 2026 |
| Urea | Canada | CIF | USD 358/MT | March 2026 |
Stay updated with the latest Urea prices, historical data, and tailored regional analysis
Asia
Urea prices in Asia followed a firm upward trend during Q1’26. In China, prices were about RMB 1.72/kg (Spot FD) in January and around RMB 1.86/kg in March, showing an increase of about 8.16% from January to March. The rise came from stronger downstream demand, stockpiling before Spring Festival, Indian tender activity, and active agricultural demand during spring planting. In March, geopolitical conflict in the Middle East strengthened the international urea market and supported domestic sentiment.
Trade disruptions through the Strait of Hormuz tightened regional supply, and China’s export quota controls removed a major relief source for Asia. India also faced strain because it uses nearly 40 million tonnes of urea annually, while its supply chain depends heavily on Gulf-linked imports and gas. Government dat a showed India had about 6.2 million tonnes of urea stocks in mid-March, which supported near-term supply but did not remove concerns about later-season availability.
Europe
In Europe, urea prices remained firm because disruptions around the Strait of Hormuz tightened fertilizer and gas flows. Around one third of global seaborne fertilizer volumes pass through the Strait, so reduced shipping availability increased freight, insurance, and replacement costs, which led to higher urea prices. European buyers also had to compete for limited cargoes as Gulf-linked exports became harder to secure. Demand stayed moderate, but the rise in import and production costs kept the market supported.
North America
In North America, urea prices also strengthened because global nitrogen supply became tighter and transport costs increased. The market was affected by the same shipping and energy disruption that lifted prices in Asia and Europe. Demand from agriculture remained steady, but buyers stayed cautious as high fertilizer costs raised affordability concerns. Global supply tightness and higher logistics costs kept upward pressure on the market.
Analyst Insight
According to Procurement Resource, urea prices are likely to stay firm with limited downside. Any further disruption in Gulf shipping or gas supply may keep prices supported across all major regions.
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| Product | Category | Region | Price | Last Updated Month |
| Urea | Agriculture, Farming and Commodity | China | $224 USD/MT | October’25 |
| Urea | Agriculture, Farming and Commodity | China | $244 USD/MT | December’25 |
Asia
The market for Urea in Asia, particularly China, experienced predominantly upward price momentum during the fourth quarter. Following a slight decline in early October, prices embarked on a sustained upward trajectory that continued through November and most of December. The prices were about 224 USD/MT (Spot FD) in October and around 244 USD/MT in December.
Production capacity continued to expand across the region, with multiple facilities operating at elevated rates, yet this did not prevent the price appreciation. Several factors contributed to the strengthening of market conditions. Tightening export policies from major producing nations created supply uncertainty in international markets, supporting price increases. Geopolitical developments affecting production facilities and trade routes added volatility to market sentiment.
Natural gas costs remained a critical input factor, with energy price movements influencing production economics and providing cost support to manufacturers. Demand from key importing nations strengthened through the quarter as buyers secured inventory for upcoming application seasons. The quarter concluded with prices significantly elevated from opening levels, reflecting improved market dynamics and strengthened sentiment across the nitrogen fertilizer complex.
Europe
European Urea markets mirrored the upward pricing patterns observed in Asia throughout the fourth quarter. Progressive strengthening occurred as supply concerns emerged and demand remained steady. The implementation of carbon adjustment mechanisms affecting imported fertilizers added complexity to market dynamics.
Energy costs remained elevated, impacting production economics for regional manufacturers. Trade barriers and compliance requirements affecting fertilizer flows from certain origins created supply disruptions that supported price appreciation. Demand from agricultural sectors remained steady as buyers secured inventory ahead of the upcoming application season.
North America
North American Urea markets followed similar upward trends to Asian and European regions during the quarter. Prices climbed steadily through the period following initial softness. Production capacity adjustments at certain facilities influenced supply availability.
Import demand remained consistent as domestic agricultural sectors maintained regular procurement schedules. Transportation and logistics costs contributed to overall price structures, while seasonal demand patterns from industrial and agricultural applications provided baseline support throughout the quarter.
Analyst Insight
According to Procurement Resource, urea prices are expected to maintain similar elevated levels in the near term, supported by continued supply uncertainties and steady demand from major consuming regions.
Urea is known to be a nitrogenous compound with a carbonyl group attached to amine groups with osmotic diuretic activity. Urea is formed in the liver via the urea cycle from ammonia and is also the product of protein metabolism. The administration of Urea elevates blood plasma.
CH4N2O or CO(NH2)2
Fertilisers, Important resins, Melamine, Melamine-Methanal resins
Carbamide, 57-13-6, Isourea, Carbonyldiamide
QAFCO or Qatar Fertiliser Company, Yara International ASA, Koch Fertilizer, LLC, SABIC, OCI N.V., CF Industries Holdings, Inc., EuroChem Group AG, OSTCHEM, PotashCorp, China National Petroleum Corporation, Ruixing Group Co.,Ltd, Luxi Chemical Group Co., Ltd., Shandong Hualu-Hengsheng Chemical Co., Ltd., Sichuan Lutianhua Co., Ltd. (Lutianhua)
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Bosch-Meiser Urea process involves two equilibrium reactions, where the first reaction is known as carbamate formation and the second one is known as urea conversion, which are exothermic and endothermic respectively. Procurement Resource also provides the production cost analysis of Urea.
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