All commodities
Urea
URE · Fertilizers · CME · Quoted in USD/t
385.00 USD/t
-3.640 (-0.94%) today
— · CI Indication
Origin markets
Origin spread 40.00 USD/tBenchmark: Granular urea, FOB Middle East. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Price | vs benchmark | Market note |
|---|---|---|---|---|
🇸🇦 Arab Gulf Middle East · swing supplier | FOB AG | 385.00 | Benchmark | The seaborne reference for granular urea |
🇷🇺 Baltic Russia · top exporter | FOB Baltic | 363.00 | -22.00 (-5.7%)stable | Discounted despite no formal sanctions — payment and freight friction |
🇪🇬 Egypt Egypt · Europe-facing | FOB Egypt | 393.00 | +8.000 (+2.1%)narrowing | Gas-supply interruptions ration output — Europe pays up |
🇺🇸 US Gulf delivered USA · import market | CFR NOLA (barge) | 403.00 | +18.00 (+4.7%)stable | Barge market premium; corn-season demand pulses |
🇨🇳 China China · export-quota bound | FOB China | 373.00 | -12.00 (-3.1%)stable | Quota releases swing the whole market when Beijing opens the door |
Differentials are indicative desk assessments over the live benchmark — 90-day spread trend shown per origin.
Track physical flows on the live vessel map →Open
388.64
Day High
389.73
Day Low
380.05
Prev Close
388.64
1W
-2.05%
1M
+2.57%
1Y
+25.96%
5Y
+17.00%
Exchange
CME
6-month range
Annualised volatility 12%Low 278.21Now 385.00 · 63%High 446.88
Forward curve
Indicative term structure · Contango
Spot
385.00
USD/t
3M
391.93
+1.80%
6M
395.52
+2.73%
12M
409.09
+6.26%
18M
420.95
+9.34%
24M
435.87
+13.21%
In other units
Converted from 385.00 USD/t · indicative FX
USD/kg
0.385
USD/lb
0.175
EUR/t
354.20
CNY/t
2,791.25
About Urea
Urea is traded in the fertilizers segment, with price discovery referenced against CME. The chart above shows the trailing indicative price path. Physical parcels of Urea can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
FertilizersCMEUSD/t-0.94% today
Top producers
1. Russia2. Middle East3. China4. Egypt
Principal uses
- Nitrogen fertilizer
- DEF/AdBlue
- Resins