The conflict in the Middle East enters its fifth week with no end in sight, while the international fertilizer market continues to register price increases, especially for urea, according to data analyzed by [source missing]. DATAGRO in VIP report.
“The March 2026 screen for Urea FOB Middle East reached its highest value since August 2022, being quoted at US$ 750.00 per ton last Friday (27), up 12.8% compared to the previous week, and 55.0% in the last 30 days, that is, since the beginning of the comparison”, says the document.
In Brazil, CFR Brazil urea was traded at US$747.00 per ton last Friday, a weekly increase of 16.7% and 58.1% over the last 30 days, "considering Brazil's delicate position as a net importer of fertilizers," the text points out.
"Despite natural gas representing more than 65% of the production costs of nitrogen fertilizers, such as ammonia and urea, in recent days gas prices have been slightly declining, even in regions dependent on supplies from the Middle East, such as European countries," analyzes DATAGRO.
For more information, visit the VIP Report in analysis section of DATAGRO Portal.
This text was translated by machine from Brazilian Portuguese.