All commodities
Urea
URE · Fertilizers · CME · Quoted in USD/t
407.50 USD/t
+17.50 (+4.49%) vs prior
Monthly avg, World Bank Pink Sheet, Sep 2026
Monthly averages · from 1960-01-01
Origin markets
Benchmark: Granular urea, FOB Middle East. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🇸🇦 Arab Gulf Middle East · swing supplier | FOB AGBenchmark | The seaborne reference for granular urea |
🇷🇺 Baltic Russia · top exporter | FOB Baltic | Discounted despite no formal sanctions — payment and freight friction |
🇪🇬 Egypt Egypt · Europe-facing | FOB Egypt | Gas-supply interruptions ration output — Europe pays up |
🇺🇸 US Gulf delivered USA · import market | CFR NOLA (barge) | Barge market premium; corn-season demand pulses |
🇨🇳 China China · export-quota bound | FOB China | Quota releases swing the whole market when Beijing opens the door |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Open
390.00
Range high
856.90
Range low
390.00
Prev Close
390.00
1W
—
1M
+1.88%
1Y
-19.74%
5Y
-2.70%
Exchange
CME
6-month range
Annualised volatility 60%Low 16.00Now 407.50 · 43%High 925.00
In other units
Converted from 407.50 USD/t · indicative FX
USD/kg
0.408
USD/lb
0.185
EUR/t · FX conversion, not an exchange quote
374.90
CNY/t · FX conversion, not an exchange quote
2,954.38
About Urea
Urea is traded in the fertilizers segment. The series on this page is the named public source, not a live feed. 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+4.49% vs prior
Top producers
1. Russia2. Middle East3. China4. Egypt
Principal uses
- Nitrogen fertilizer
- DEF/AdBlue
- Resins