| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Urea | China | FOB | USD 267.50/MT | May 2026 |
| Urea | India | CIF | USD 334.84/MT | May 2026 |
| Urea | USA | FOB | USD 454.03/MT | May 2026 |
| Urea | Brazil | CIF | USD 586.03/MT | May 2026 |
| Urea | Canada | CIF | USD 454.03/MT | May 2026 |
| Urea | China | FOB | USD 272.17/MT | April 2026 |
| Urea | India | CIF | USD 322.06/MT | April 2026 |
| Urea | USA | FOB | USD 596.84/MT | April 2026 |
| Urea | Brazil | CIF | USD 631.84/MT | April 2026 |
| Urea | Canada | CIF | USD 596.84/MT | April 2026 |
Stay updated with the latest Urea prices, historical data, and tailored regional analysis
Asia
In China, Urea prices were ~RMB 1.86/kg in April and about RMB 1.81/kg in May, showing a ~2.6% decrease. The decline was driven by high operating rates, weaker downstream buying, and fading agricultural demand, which reduced price support. By mid-June, plant operating rates were above 90%, while compound fertilizer and industrial buyers purchased only as needed, keeping the market under pressure.
In contrast, India showed a firmer trend, with Urea prices at ~INR 30.56/kg in April and ~INR 31.81/kg in the subsequent month, reflecting a approx. 4.1% increase. The rise was supported by lower LNG availability, which affected domestic output and increased reliance on imports. The country’s April urea production stood at 20.98 LMT, while imports reached 5.83 LMT, indicating that although local supply remained supported, it was still exposed to Gulf shipping and gas-side disruptions.
Europe
European urea stayed cost-sensitive in Q2’26 because nitrogen fertilizer production remained closely linked to natural gas. Gas accounted for 70-80% of EU nitrogen fertilizer production costs, keeping local producers exposed to energy volatility. Early-quarter supply disruption from the Middle East supported import-security concerns, but prices later softened as buyers delayed fresh purchases and spring application demand was largely covered. Limited regional self-sufficiency kept Europe vulnerable, but weaker global sentiment after improved Asian supply expectations reduced the strength of the market.
North America
North American urea was supported early in Q2 by spring application demand and global supply disruption, but domestic production was steadier than in Europe. Regional nitrogen producers maintained strong operating rates, with ammonia production supported by reliable plant performance and lower-cost gas access. U.S. corn planted area was estimated at 95.3 million acres in 2026, keeping nitrogen demand large. However, the area was down from the previous year, which capped fresh urea buying after the main spring application window.
Analyst Insight
According to Procurement Resource, in the near term, urea prices may remain mixed. Import risk and gas-linked costs can support prices, while weaker seasonal demand and higher Chinese output may limit fresh gains.
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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.
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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