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.
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- Develop internal analytical models
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Urea news and market information products from ICIS
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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Insight and analysis of factors driving prices.
Updated to Q2 2017
The US urea market came under increased pressure In Q2, in large part due to a wet spring planting season, which delayed demand from farmers, and also from a sizeable influx of inventory, which left prices either sideways or seeing a decline for a majority of the period.
Despite being weighed down, there were upticks in the market when the US once again exported urea to southern destinations, particularly Latin America, as the oversupply situation made the additional effort more profitable than business at home.
There was also the seasonal run of side-dressing demand for corn and the rice crop that began before the quarter closed. This gave the market some additional support, although it was not enough to move price levels higher or improve short-term sentiment.
For the most part, the market experienced a cautious tone for the quarter. This could potentially linger into the third quarter when the US enters a typical period of low demand. With additional capacity now in the market, prospects for the refill period ahead are less clear.
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.
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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