Indicative urea benchmark · August 2026

Updated 15 August 2026
Urea market context for better buying decisions.
Indicative benchmarks, price movement and freight-to-tonne context. Market references are informational and are not Nirva Ventures quotations.
Latest reference
August 2026
Product prices, ocean freight, destination costs and financing conditions move independently. A current landed-cost discussion should therefore begin with origin, quantity, shipment format and destination.
Container freight reference · 30 July 2026
Drewry World Container Index
30 July 2026 · global composite. Equivalent at an assumed 25 MT net payload. Not a Middle East-to-Colombo quotation.Commercial context
FOB+ freight
Understand the route to landed cost
Request a current requirement-specific offer.Freight-to-tonne conversion
Container and bulk shipping on a comparable basis.
Ocean freight only; handling, insurance, duties, finance and inland delivery remain separate.
Global composite reference
Equivalent at an assumed 25 MT net payload. Not a Middle East-to-Colombo quotation.
Middle East → Colombo
Full-vessel freight is assessed on a 15,000 MT cargo basis. The verified total vessel quote is divided by 15,000 MT to produce the comparable US$/MT freight cost.
FOB + published freight indication · August 2026
A comparable cost-to-port starting point.
This combines the August 2026 FOB reference with the container-freight reference dated 30 July 2026, converted to a per-ton basis. It is an illustration, not a route-specific quotation.
Granular urea futures · FOB Middle East; 30 July 2026 · global composite; 25 MT assumed net payload.
ExcludedInsurance, origin and destination handling, duties and taxes, finance, clearance, storage, inland transport and supplier or importer margins.
Bulk shipmentsA final bulk indication is shown only when a current route-specific, independently corroborated US$/MT assessment is available.
Container and full-vessel comparison
Two shipment formats, one per-ton basis.
Both options are expressed per metric ton so buyers can compare like with like. Full-vessel freight remains subject to a current Middle East-to-Colombo route quotation.
$4,255 per 40ft container ÷ 25 MT assumed payload.
FOB + freight: $687.70/MTTotal verified vessel freight quote ÷ 15,000 MT = bulk freight per MT.
Quarterly FOB price movement
FOB urea benchmark by quarter
Product price only — excludes ocean freight, insurance and destination costs.
Yearly FOB price movement
Annual average FOB benchmark
Product price only — excludes ocean freight, insurance and destination costs.
Why prices move
Energy, policy, logistics and seasonal demand.
Natural gas
Gas is a major nitrogen production cost, making energy markets a primary price driver.
Trade routes
A substantial share of urea trade crosses strategic maritime routes, so disruptions can quickly affect availability.
Policy & tenders
Export controls, government policy and large international tenders can alter trade flows and short-term demand.
Freight & currency
Ocean freight, insurance and exchange rates shape the delivered cost beyond the FOB benchmark.
Commercial enquiries