The Urea Price Trend in Q2 2026 showed a sharp rise across major global markets, followed by a significant price correction toward the end of the quarter. Urea prices increased by approximately 21% to 51% across several regions during the quarter as tight supply, strong agricultural demand, higher transportation costs, and geopolitical tensions affected the global fertilizer market.
However, June brought a sudden change in direction, with prices declining by around 30% to 42% in many markets as