Since the beginning of January, global prices for urea have increased by 18%.

The price of urea in the world has increased by 18% since the beginning of January. Specifically, spot prices in the Middle East exceeded $480/t FOB. This is reported by Infoindustry. It is noted that within the last Qatari tender for supply in the second half of March, traders' bids were formed in the range of $470+/t FOB, and the final agreement was concluded at $480+/t FOB. The previous transaction in the region occurred just over 10 days earlier at a price of $460/t FOB. In North Africa, spot prices exceeded $500/t FOB for the first time since the beginning of November 2025. According to daily data from Profercy, prices for Egyptian granulated product increased by $52/t, or 12%, since the middle of the month. In Europe, warehouse quotations are also moving upwards: in La-Palice (France), prices are approaching €500/t FCA, while March deliveries from North Africa were sold at over $500/t FOB—for the first time since the first half of November last year. "The growth is occurring ...