Urea Prices, markets & analysis
If you buy or sell Urea or related products, you need up-to-date global pricing data and the background information to help you understand it.
Our network of price reporters across Asia, Europe and the US enables us to deliver this. We publish their insights in our comprehensive daily and weekly price reports, plus we offer the news and analysis you need to put pricing information into context.
ICIS Urea overview
Urea is a key nitrogen fertilizer and a truly global product. Its price is extremely volatile and the product is highly traded and can see dramatic price swings on a regular basis, because of this, the accurate prices provided by ICIS are key to the market.
The key feedstock is natural gas via ammonia. Urea also has important relationships with crop prices such as wheat and corn.
Urea can also be used in the industrial sector to make UF resins, to make melamine; to make adhesives and paints. And for laminates, moulding compounds, paper and textiles.
Urea occurs as white crystals which absorb water. These are either odourless or have a slight smell of ammonia. Urea is not considered to be harmful at normal temperature, but the dust may irritate the skin, eyes and nose.
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Urea news and market information products from ICIS
We offer the following regional Urea analysis and news coverage to keep you informed of factors and developments affecting prices in the Urea marketplace.
Price Reporting – More information about the price reports we publish on Urea
Independent price assessments and market coverage by region
Price History – More information about the historical price data we publish on Urea
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Urea
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Urea: Market overview
The granular urea market has picked up at the start of 2014, with
US urea imports are behind year earlier levels and while corn plantings are expected to be large again this year. This has prompted some expectations that urea supply could be tight for Q1. Import demand is emerging but comes against a back drop of limited supply.
Chinese urea could be a possibility for the
The bullish granular market will likely provide some support to the prilled urea market too. The prilled market is not heavily oversupplied, although some Ukrainian units are being restarted this month they will be produce for the domestic market for the time being.
The prilled demand outlook is subdued until
A widening spread between granular and prilled prices could prompt some demand for prilled as buyers switch back to the relatively cheaper product.
Updated to mid-Jan 2014
News & analysis
Urea news & analysis
ICIS launches Global Urea Markets General Methodology Consultation more >>
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
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Urea occurs as white hygroscopic crystals, which are either odourless or have a slight smell of ammonia. Urea is not considered to be harmful at normal temperature, but the dust may irritate the skin, eyes and nose.
The major outlet for urea, accounting for nearly 90% of total consumption, is as a fertilizer. Urea is also used in the manufacture of urea-formaldehyde resins, the synthesis of melamine, in adhesives and paints, and for laminates, moulding compounds, impregnating paper and textiles.
Urea is widely traded on international fertilizer markets. There are two main hubs in urea trade – the Black Sea and Arab Gulf. These flows are said to determine the global urea prices.
Urea production involves a two step process where the ammonia and carbon dioxide react to form ammonium carbamate which is then dehydrated to urea. In the process, ammonia and carbon dioxide are fed to the synthesis reactor which operates around 180-210oC and 150 bar pressure.