Urea Price Outlook. The price of Urea (United States) decreased during April to 281 USD per metric ton, which represents a considerable decline of 12% compared to the previous month&#;s value.&#;On a year-over-year basis, the prices of Urea (United States) increased modestly by 3%.&#;Meanwhile, the average price of Urea (China) amounted to 302 USD per metric ton, from 312 USD per metric ton one year earlier.&#;On a month-over-month basis, the price of Urea (China) is 1% lower than the price one month before.
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The price of Urea (Southeast Asia) declined considerably throughout April , reaching 190 USD per metric ton.&#; The price is 35% lower than the average price in the previous month and 26% lower than the average price one year before.&#;In contrast, the prices of Urea (Middle East) increased significantly during April , reaching 254 USD per metric ton, which means a rise of 8% from the previous month&#;s price and a rise of 7% from the previous year&#;s price.
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The prices of Urea (Africa) experienced a significant decline of 31 USD per metric ton from the prior month's price, to 263 USD per metric ton.&#;Such price movement meant a decrease of 11% on a monthly basis and a decrease of 3% on a yearly basis.&#;On the other hand, in April , the price of Urea (Europe) witnessed a decline of 3 USD per metric ton when compared against the previous month's price, to 341 USD per metric ton.&#;The April price is 3% lower than the price one year before.
The average price of Urea (South America) was 269 USD per metric ton on April &#; a sharp decrease of 25 USD per metric ton, or 9%, compared with the previous month.&#;On a year-over-year basis, the price of Urea (South America) is 1% lower than the price one year before.
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