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.

Indicative urea benchmark · August 2026

$517.5US$/MT

Granular urea futures · FOB Middle East

Applicable reference period: August 2026. Indicative market reference—not a Nirva Ventures quotation.

Container freight reference · 30 July 2026

$4,255US$/40ft

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.

01Container

Global composite reference

$4,255 per 40ft÷25 MT payload=$170.20/MT

Equivalent at an assumed 25 MT net payload. Not a Middle East-to-Colombo quotation.

02Bulk vessel

Middle East → Colombo

Route quote requiredUS$/MT

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.

FOB benchmark · August 2026$517.50/MT
+
Container freight · 30 Jul 2026$170.20/MT
=
Indicative cost to port · August 2026$687.70/MT
Basis

Granular urea futures · FOB Middle East; 30 July 2026 · global composite; 25 MT assumed net payload.

Excluded

Insurance, origin and destination handling, duties and taxes, finance, clearance, storage, inland transport and supplier or importer margins.

Bulk shipments

A 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.

Container shipment$170.20/MT freight

$4,255 per 40ft container ÷ 25 MT assumed payload.

FOB + freight: $687.70/MT
Full-vessel shipment15,000 MT cargo

Total verified vessel freight quote ÷ 15,000 MT = bulk freight per MT.

FOB cargo value: $7,762,500Final basis: $517.50 + verified vessel freight/MT
Route quote required

Quarterly FOB price movement

FOB urea benchmark by quarter

FOB · US$/MT

Product price only — excludes ocean freight, insurance and destination costs.

$399.8Q2 25Base
$488.3Q3 25+22.1%
$398.7Q4 25-18.4%
$537.7Q1 26+34.9%
$693.5Q2 26+29.0%

Yearly FOB price movement

Annual average FOB benchmark

FOB · US$/MT

Product price only — excludes ocean freight, insurance and destination costs.

$358.02023Base
$338.32024-5.5%
$422.72025+25.0%

Why prices move

Energy, policy, logistics and seasonal demand.

01

Natural gas

Gas is a major nitrogen production cost, making energy markets a primary price driver.

02

Trade routes

A substantial share of urea trade crosses strategic maritime routes, so disruptions can quickly affect availability.

03

Policy & tenders

Export controls, government policy and large international tenders can alter trade flows and short-term demand.

04

Freight & currency

Ocean freight, insurance and exchange rates shape the delivered cost beyond the FOB benchmark.

Commercial enquiries

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