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 2020
Supply levels will increase in response to the start of the spring season later in quarter, especially once the Mississippi river re-opens. Due to the skipped post-harvest applications, there will be plenty of volumes immediately at hand, but those will need to be restocked quickly to cover the balance of demand typically seen for the new plantings.
While 2020 planting intentions are unclear, overall sentiment is if weather is cooperative there will be an uptick in acreage sowed, which will mean a rise in fertilizer consumption. In parts of US, where there were deferred inputs and extreme weather, such as flooding which lowered nutrient levels, there will be a strong need for replenishing.
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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Over 25 years of reporting on key chemicals markets, including Urea, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
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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