CommodityInsider
All commodities

Urea

URE · Fertilizers · CME · Quoted in USD/t
385.00 USD/t
-3.64 (-0.94%) today
· CI Indication

Origin markets

Origin spread 40.00 /t

Benchmark: Granular urea, FOB Middle East. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential.

OriginBasisPricevs benchmarkMarket note
🇸🇦
Arab Gulf
Middle East · swing supplier
FOB AG385.00BenchmarkThe seaborne reference for granular urea
🇷🇺
Baltic
Russia · top exporter
FOB Baltic363.00
-22.00 (-5.7%)stable
Discounted despite no formal sanctions — payment and freight friction
🇪🇬
Egypt
Egypt · Europe-facing
FOB Egypt393.00
+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 China373.00
-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 6-month 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