Tag Archives: Urea Price

Urea Price Analysis

date: 6 January 2021 Urea price has an increasing trend in 2021 by 4 USD/MT growth, it reaches to 272 USD/MT. Technically its price can reach 290USD/MT.Economically, because of decreasing demand in the Middle East and Europe, no increase is expected this week. However, noting the last Opec meeting and increasing crude oil production, positive […]

Urea Price Analysis

date: 16 December 2020 UREA (GRANULAR) FOB MIDDLE EAST FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) After decreasing 38% of urea price from 340 USD/MT, the increasing trend started again from 210 USD/MT. nowadays, the price is at resistance region (Blue box). At this point, the price range 273-288 USD/MT is crucial and if the price […]