A useful urea price comparison needs the product form, location, period and unit. This report separates prilled and granular bulk assessments, October and front-month references, and two separate freight tables. The selected figures below are dated 15 October 2026; the Brazil reference is the October column, not the front month.
Dated market references, not live prices, stock availability or supply offers. Different regions, grades and delivery bases are not a single global price.
Granular urea · October & front month
Market / delivery basis
Unit
October
Front month
Price
Published change
Price
Published change
Brazil CFR
USD/t
483
↗ +3
495
↗ +10
Egypt FOB (Europe)
USD/t
527
↗ +17
530
↗ +15
Middle East FOB
USD/t
445
↗ +5
450
↗ +10
US Gulf FOB
USD/st
450
↗ +5
450
↗ +5
Prilled urea · FOB bulk
Market / delivery basis
Unit
15 Oct 2026
8 Oct 2026
Δ
Black Sea
USD/t
395–405
375–405
↗
Baltic
USD/t
390–400
370–400
↗
Middle East
USD/t
420–440
410–435
↗
China
USD/t
335–350
320–355
↗
Brazil (CFR)
USD/t
440–460
430–445
↗
Mexico east coast (CFR)
USD/t
445–467
455–450
↗
Southeast Asia (CFR)
USD/t
380–420
380–390
↗
India (CFR)
USD/t
352.00–356.00
352.00–356.00
—
Granular urea · FOB bulk
Market / delivery basis
Unit
15 Oct 2026
8 Oct 2026
Δ
Middle East all netbacks
USD/t
312–450
302–445
↗
Middle East US netbacks
USD/t
312–438
302–423
↗
Middle East Brazil netback
USD/t
314–440
309–443
↗
Middle East UN netbacks
USD/t
430–450
420–445
↗
Iran
USD/t
350–351
335–350
↗
Egypt (Europe)
USD/t
465–517
464–510
↗
Egypt (non-Europe)
USD/t
445–475
435–455
↗
Algeria
USD/t
450–532
440–515
↗
North Africa full range
USD/t
445–532
435–515
↗
Nigeria
USD/t
435–475
430–470
↗
China
USD/t
415–440
410–430
↗
Southeast Asia
USD/t
430–450
420–440
↗
Southeast Asia (CFR)
USD/t
455–480
450–475
↗
Geelong, Australia (FOB / FCA)
AUD/t
790–810
810–830
↘
Australia (CFR)
USD/t
485–495
480–500
↗
Venezuela / Trinidad
USD/t
195–408
200–395
↗
Brazil (CFR)
USD/t
460–485
455–485
↗
Argentina (CFR)
USD/t
485–510
485–505
↗
Mexico west coast (CFR)
USD/t
455–490
440–475
↗
US Gulf barge
USD/st
430.0–455.0
420.0–440.0
↗
US Gulf (CFR)
USD/t
468–496
457–480
↗
Nola barge weighted average Oct 26
USD/st
437.00
433.71
↗
Nola barge weighted average Nov 26
USD/st
438.00
423.00
↗
French Atlantic (FCA)
EUR/t
520–545
543–555
↘
Baltic
USD/t
408–440
400–425
↗
Romania (CFR)
USD/t
475–505
475–480
↗
Black Sea
USD/t
445–475
445–475
—
India (CFR)
USD/t
352.00–356.00
352.00–356.00
—
Urea freight · table 1
Region
Destination
Cargo size (MT)
Rate · USD/MT
Middle East
Brazil
30–40
42–146
Middle East
US Gulf
40–45
58–156
Middle East
Thailand
25–30
43–128
Iran
Brazil
45–65
60–70
Iran
Turkey
20–35
65–73
Iran
Thailand
25–30
60–70
Iran
South Africa
30–40
75–85
Black Sea
Brazil
25–30
57–59
Black Sea
EC Mexico
25–30
57–59
Black Sea
Turkey
10–15
33–35
Baltic
Brazil
25–30
59–62
Baltic
EC Mexico
25–30
55–67
Baltic
WC Mexico
25–30
105–110
China
US Gulf
50–55
52–54
China
WC Mexico
25–30
52–54
China
SE Asia
5–10
35–48
Egypt
Brazil
35–40
35–37
Egypt
Turkey
20–30
23–25
Egypt
France
5–10
50–52
Algeria
Brazil
35–40
36–38
Algeria
US Gulf
25–30
36–37
Algeria
French Bay
10–15
31–33
Nigeria
Brazil
25–30
26–35
Urea freight · table 2
Loading
Destination
Tonnage
Low · USD/t
High · USD/t
Mideast Gulf
US Gulf
45
58
156
Mideast Gulf
Thailand
30
43
128
Mideast Gulf
Brazil
40
42
146
Baltic
Brazil
30
59
62
Nigeria
Brazil
30
26
35
Egypt
French bay
6
50
52
China
SE Asia
6
35
48
China
India
60
28
30
Algeria
Brazil
30
36
38
Algeria
US Gulf
30
36
37
Algeria
French bay
12
31
33
Baltic
EC Mexico
30
55
67
Baltic
WC Mexico
25
105
110
China
WC Mexico
25
52
52
UAN solution freight
Loading
Destination
Tonnage
Low · USD/t
High · USD/t
Klaipeda
Rouen
25–30
32
33
How to compare global urea prices
Compare the same product form and assessment
Middle East granular all-netback assessments span USD 312–450/t in the physical bulk table. Middle East prilled urea is USD 420–440/t in its separate table. A netback range and a prilled assessment are not interchangeable; the difference alone does not establish a quality premium or an available transaction price.
Do not mix physical, October and front-month figures
The October granular reference for Brazil is USD 483/t CFR, while the front-month column is USD 495/t. Read each with its own heading. The physical granular table is a separate assessment set, not a replacement for the October/front-month table. Published arrows show the published direction, not a forecast.
Check units before adding freight
USD/t is per metric tonne; USD/st is per short ton, and EUR/t uses a different currency. Freight rows also retain their table-specific cargo-size headings. Do not silently reinterpret the cargo-size values. A CFR price already includes freight; an FOB-plus-freight comparison requires compatible dates, ports and cargo assumptions.
Market report date: 15 October 2026. Editorial guide reviewed: 19 October 2026. The editorial review does not update the price assessments.
The answer depends on form, market and period. On 15 October 2026 the Middle East granular all-netback range is USD 312–450/t FOB and the prilled bulk range is USD 420–440/t FOB. Brazil's October granular reference is USD 483/t CFR. These are not one comparable global price or live supply quotations.
Why do granular and prilled urea have separate tables?
They are different product forms and the assessments can cover different markets and specifications. Compare like-for-like form, location, delivery basis, report date and assessment period rather than selecting the lowest number across both tables.
Does the report show today's executable urea price?
No. The displayed report is dated 15 October 2026. Historical references and published changes help readers compare markets, but they do not confirm current stock, availability, supply capability or a future price.
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