The good run of low urea prices has ended with demand and exchange rates driving the current price increases.
General urea prices were stagnant at $440/t for the first part of the year, but in the past few weeks we have seen the price close in on $500/t.
New urea shipments are due from overseas and the price has gone up at these ports. An example is increases from $310 up to $380/t FOB at Middle Eastern ports.
