Use the independent price assessments and market coverage in our price reports to track the regional Urea market.
Our information is gathered by locally based reporters, giving unrivalled coverage of regional markets.
Updated to Q1 2021
With supply viewed as tight, especially with imports volumes limited through last year, it is anticipated that volumes will become more readily available as producers target the planting season. The uptick should be seen both from domestic output and additional import cargos as values are expected to be more attractive as spring’s start approaches.
With US farmers expected to sow significant crop acreage again this spring, urea demand is expected to be significantly strong, with those levels of buying gaining traction as winter starts retreating over the quarter. Tightness in inventory to close 2020 has left the market expecting that plenty of seasonal buying is still to come.
We offer the following regional Urea coverage to keep you informed of factors and developments affecting prices in the US Urea marketplace.
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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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Nitrogen (N) fertilizers are produced chemically using natural gas and hydrogen that is contained in the air. Ammonia is produced by mixing nitrogen and hydrogen gases in the presence of heat, pressure and a catalyst compound.
Urea is the most widely-produced and commonly-traded nitrogen fertilizer. Production amounts to more than 140m. tonnes a year, of which about 30m.
The US weekly urea report covers the spot price of urea in the US Gulf (USG). Urea is a major source of nitrogen – a key plant nutrient for many of the crops that we grow for food, feed and fuel.
The report is important to producers, distributors and dealers of urea who need to know and receive an in-depth analysis of trends in the fertilizer industry.
Urea is important to wheat growers – specifically because it is the main source of nitrogen for both winter and spring wheat.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Urea. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
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