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 Q3 2019
Supply is anticipated to be constant, despite the logistic and demand issues seen during the spring and thought that the New Orleans market would need to export volumes to strike a balance. Yet now there is not as much carryover inventory expected. Also with values still under pressure, the domestic market will likely not attract additional import vessels.
In the US, with the spring applications either impacted or skipped, demand is expected to increase. The ongoing advancement of stronger secondary applications, particularly side-dressing in late planted corn, could lift overall buying and also support good refill movement later in the summer. Some locations that have run either empty or low will be restocking as well.
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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