Overview

The ease of urea availability east and west of Suez has shaped the current trade flows of this key nitrogen fertilizer. Despite challenges posed by energy prices and military conflicts, key import markets such as India, Australia, and Latin America remain robust. But structural oversupply and the role of China as a swing exporter have led to price volatility as this fast-moving market seeks equilibrium, more so during seasonally high-demand periods. 
 
Our extensive nitrogen coverage includes prilled and granular urea, UAN, ammonium nitrate, and ammonium sulphate. Argus has many decades of experience covering the nitrogen market and incorporates our multi-commodity market expertise in key areas including ammonia and natural gas to provide the full market narrative.

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  • Daily and weekly nitrogen price assessments, proprietary data and market commentary 
  • Short and medium to long-term forecasting, modelling and analysis of urea prices, supply, demand, trade and projects
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Latest nitrogen news

Browse the latest market moving news on the global nitrogen industry.

Latest nitrogen news
07/01/26

EU to suspend import tariffs on ammonia, urea

EU to suspend import tariffs on ammonia, urea

London, 7 January (Argus) — The EU is set to suspend standard import tariffs on ammonia and urea, in a move to offset extra costs imposed by the EU's carbon border adjustment mechanism (CBAM). Trade and economic security commissioner Maros Sefcovic said the EU will "swiftly" implement the suspension for the remaining most-favoured nation tariffs, and may include other fertilizers. Urea currently carries a 6.5pc standard tariff rate in the EU, applied to origins such as Russia, Turkmenistan, Azerbaijan and Nigeria. The standard ammonia tariff is 5.5pc, and this applies to Middle Eastern origins as well as the US. Key sources for both products — such as Egypt and Algeria for urea, and Algeria and Trinidad and Tobago for ammonia — are already exempt from tariffs. The change comes after European agriculture ministers, including from France and Italy, raised alarms at a meeting with commissioners today about CBAM's financial impact on farmers. CBAM, which took effect on 1 January, imposes a carbon cost for certain goods imported into the EU, including ammonia and all fertilizers containing nitrogen from countries that are not already subject to the EU emissions trading system (ETS) or a system fully linked to the EU ETS. The EU previously suspended urea and ammonia import tariffs in 2022 for a period of six months. By Aidan Hall and Claudia Wlk Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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Latest nitrogen news

Middle East granular urea sold in high $410s/t fob


07/01/26
Latest nitrogen news
07/01/26

Middle East granular urea sold in high $410s/t fob

Amsterdam, 7 January (Argus) — Fertilizer producer Qatarenergy is understood to have sold 45,000t of granular urea in the high-$410s/t fob for loading in February, up by around $20/t on business last week. The deal took place under a tender earlier on Wednesday. But there was no comment from the parties involved. International urea prices are firming as the market digests an ongoing major buy tender in India , with trading firms anticipating further rises east of Suez, largely driven by demand from India and Australia. Southeast Asian granular urea also traded up to $410-415/t fob earlier on Wednesday . By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest nitrogen news

Petrobras resumes operations at Fafen in Sergipe


06/01/26
Latest nitrogen news
06/01/26

Petrobras resumes operations at Fafen in Sergipe

Sao Paulo, 6 January (Argus) — State-controlled Petrobras has resumed operations at the Fabrica de Fertilizantes Nitrogenados (Fafen), a nitrogen fertilizer plant located in Laranjeiras city in northeastern Sergipe state, ending a 21-month halt in production. The announcement was made by Petrobras's president Magda Chambriard on social media and confirmed by Sergipe government. Fafen Sergipe restarted ammonia production on 31 December, marking the resumption of operations. The unit can produce up to 650,000 metric tonnes (t)/yr of urea, 450,000 t/yr of ammonia, and 320,000 t/yr of ammonium sulphate. Operations in Fafen Sergipe had been idled since March 2024, when it was managed by the Brazilian chemical company Unigel, which also managed Fafen operations in Camacari in northeastern Bahia state. Unigel, facing financial difficulties, has twice filed for bankruptcy protection . Because of this and in line with Petrobras's strategic plan to invest in the fertilizer sector, the company began the process of regaining control of Fafens in April 2025. Petrobras in September signed a contract with Brazilian industrial maintenance and management company Engeman to restart operations at Fafens. By João Petrini Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest nitrogen news

US raid complicates Venezuela urea loading, ops ongoing


05/01/26
Latest nitrogen news
05/01/26

US raid complicates Venezuela urea loading, ops ongoing

Amsterdam, 5 January (Argus) — The cost of shipping urea from Venezuela jumped sharply after the US raid on 3 January, which led to the capture of the country's president Nicolas Maduro, but loadings and shipments are set to continue. Some vessel owners were understood to be seeking a war-risk premium on 3-4 January in the aftermath of the raid, which involved helicopter and missile attacks in Caracas and other regions. But the situation is understood to be stabilising, with vessels arriving to load urea in the coming days. Freight rates for loading urea from Venezuela have been substantially elevated in recent weeks, even without an added premium. A war-risk premium ramps pressure up on suppliers, eroding margins, and adds significant costs to cargoes that may have already been purchased by trading firms on a fob basis. Venezuelan producers had cut fob prices of urea in recent weeks, as the US increased its military presence in the region, in a bid to continue to push product out — reducing prices from levels already much below standard origins because of existing complications relating to US sanctions. Granular urea prices dropped to $300/t fob Jose and below in the second half of December, which marks a nearly $100/t discount to other origins that serve Latin American markets. Argus assessed granular urea at $390-405/t fob Nigeria on 2 January. But exporters are facing further pressure because of the increased freight rates. The most recent vessel to load with urea from Jose, Venezuela's main export hub, was the Centurion Juktas in mid-December, according to vessel-tracking data from Kpler. But the Hongli 8 is scheduled to arrive in Jose on 5 January, Kpler data show. Venezuelan urea typically heads to Brazil, as well as some other nearby markets and Mexico. Venezuela is home to three major urea facilities, with a combined operating capacity of up to 2.2mn t/yr of granular and prilled urea. But exports have varied widely in recent years, with Argus ' consulting arm estimating Venezuelan urea exports at just over 400,000t in 2025, down from over 700,000t in 2020-21. By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest nitrogen news

India’s NFL receives offers in urea tender


02/01/26
Latest nitrogen news
02/01/26

India’s NFL receives offers in urea tender

Singapore, 2 January (Argus) — Indian fertilizer importer NFL has received a total of 26 offers in its 2 January tender to buy 1.5mn t of prilled and granular urea. NFL has requested 800,000t for the west coast and 700,000t for the east coast. The cargoes are to be loaded by 20 February, and offers are to be valid until 16 January. Offer levels and volumes have yet to be disclosed. The list of suppliers is indicated below, in alphabetical order: Aditya Birla Global Trading Agricommodities Agrifields Ameropa Aramco Chasemax Continental Traders Dreymoor Fertiglobe Fertilizer Trading, Dubai Fertistream Hexagon Indagro India Coke and Power Indorama Keytrade Koch Macrosource Midgulf OQ Trading Quest Group Saftco Samsung Sun International Suvarnabhoomi Enterprises Trammo Valency International By Dinise Chng Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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