Fertilizers · CommodityScope Indicative Freight Assessment
Baltic to Brazil Urea Freight Rates — 30kt
- CommodityScope Indicative Assessment
- CS Series CS-FRT-FER-BALTIC-BRAZIL-30KT
- Dry Freight Methodology v1.0
- View full Series Specification
CommodityScope assesses the indicative spot freight market for this basis at $60.50/mt for 21 October 2026, 30kt, unchanged from the previous weekly reading. The assessment represents the estimated prevailing market level for the defined basis and is not a vessel-specific quotation or fixture.
Latest freight rate
What This Rate Measures
CommodityScope indicative weekly voyage freight assessment for urea from Baltic to Brazil, 30,000 mt lots, in USD/mt.
Fertilizer bulk freight rates: CommodityScope weekly indicative freight assessments for urea and UAN cargoes on named bulk routes, with the parcel size where the assessment basis includes it.
Assessment basis
- Origin: Baltic
- Destination: Brazil
- Cargo: Urea
- Lot size: 30,000 mt
- Rate unit: USD/mt; weekly reading
- CS Series:
- CS-FRT-FER-BALTIC-BRAZIL-30KT
- Assessment type:
- CommodityScope Indicative Assessment
- Methodology:
- Dry Freight Methodology v1.0
- Series Specification:
- CS-FRT-FER-BALTIC-BRAZIL-30KT
Terms not specified
- Laycan
- Vessel identity
- Load/discharge terms
- Named load/discharge ports or berths
Commercial terms not included in the assessment basis are not inferred.
Unit and cadence
- USD per metric tonne of cargo.
- Weekly reading.
Weekly Urea Freight Rates
Latest CommodityScope weekly assessments for the defined market basis. Dates without an available assessment are omitted. A different origin is a different page.
| Date | Rate | Weekly change |
|---|---|---|
| 21 Oct 2026 | $60.50 | 0.00 |
| 20 Oct 2026 | $60.50 | 0.00 |
| 19 Oct 2026 | $60.50 | 0.00 |
| 16 Oct 2026 | $60.50 | 0.00 |
| 15 Oct 2026 | $60.50 | +0.50 |
| 14 Oct 2026 | $60.00 | 0.00 |
| 13 Oct 2026 | $60.00 | 0.00 |
| 12 Oct 2026 | $60.00 | 0.00 |
| 9 Oct 2026 | $60.00 | 0.00 |
| 8 Oct 2026 | $60.00 | 0.00 |
| 7 Oct 2026 | $60.00 | 0.00 |
| 6 Oct 2026 | $60.00 | 0.00 |
| 5 Oct 2026 | $60.00 | 0.00 |
| 2 Oct 2026 | $60.00 | 0.00 |
| 1 Oct 2026 | $60.00 | 0.00 |
| 30 Sep 2026 | $60.00 | 0.00 |
| 29 Sep 2026 | $60.00 | 0.00 |
| 28 Sep 2026 | $60.00 | 0.00 |
| 25 Sep 2026 | $60.00 | 0.00 |
| 24 Sep 2026 | $60.00 | +6.00 |
| 23 Sep 2026 | $54.00 | 0.00 |
| 22 Sep 2026 | $54.00 | 0.00 |
| 21 Sep 2026 | $54.00 | 0.00 |
| 18 Sep 2026 | $54.00 | 0.00 |
| 17 Sep 2026 | $54.00 | +5.00 |
| 16 Sep 2026 | $49.00 | 0.00 |
| 15 Sep 2026 | $49.00 | 0.00 |
| 14 Sep 2026 | $49.00 | 0.00 |
| 11 Sep 2026 | $49.00 | 0.00 |
| 10 Sep 2026 | $49.00 | +5.50 |
Market system
Baltic urea to Brazil
Published model
Baltic to Brazil
Assessment date 21 October 2026 · freight lot 30,000 mt
FOB
Granular urea FOB Baltic
424.00
422.50 – 425.50
Freight
Urea freight, Baltic to Brazil
60.50
Indicative delivered cost
FOB plus freight
484.50 USD/mt
482.27 – 486.73
Published CFR Brazil · same date · separate assessment
477.50 USD/mt
- Granular urea FOB Baltic plus the published urea freight assessment from the Baltic to Brazil for 30,000 mt cargoes.
- The freight lot is the published voyage basis. The FOB assessment is not resized to that lot.
- Insurance and discharge costs stay outside this model.
- Indicative delivered cost is a CommodityScope Modelled Indicator in USD/mt.
Computed Summary
Calculated from the CommodityScope assessment series shown above. Each statistic states its applicable period and calculation method.
The latest rate of $60.50/mt on 21 Oct 2026 is unchanged from the previous weekly assessment (20 Oct 2026).
Method: Computed by CommodityScope as the difference between the two most recent weekly observations (1 calendar day apart).
It is 19.4% above the September 2026 average of $50.66/mt, the most recent completed month with 22 weekly observations.
Method: Arithmetic mean of the available weekly rates in September 2026. Partial months are excluded from this comparison.
Over the available history (29 Jan 2026 – 21 Oct 2026), the highest rate was $65.00/mt on 19 Feb 2026 and the lowest was $37.50/mt on 11 Jun 2026.
Method: Minimum and maximum of the rate over the available history (29 Jan 2026 – 21 Oct 2026, 66 observations). This is not an all-time record.
Monthly Baltic to Brazil — 30kt Averages
Average, minimum and maximum of the available weekly rates in each calendar month. Incomplete latest months are marked month to date.
| Month | Average | Min | Max | Observations |
|---|---|---|---|---|
| October 2026Month to date | 60.17 | 60.00 | 60.50 | 15 |
| September 2026 | 50.66 | 41.00 | 60.00 | 22 |
| August 2026 | 41.00 | 41.00 | 41.00 | 13 |
| July 2026 | 40.75 | 40.50 | 41.00 | 2 |
| June 2026 | 37.83 | 37.50 | 38.50 | 3 |
| May 2026 | 42.50 | 39.00 | 47.50 | 3 |
| April 2026 | 45.50 | 45.50 | 45.50 | 2 |
| March 2026 | 54.83 | 48.50 | 62.50 | 3 |
| February 2026 | 60.25 | 55.50 | 65.00 | 2 |
| January 2026 | 40.50 | 40.50 | 40.50 | 1 |
Comparable Routes, Explained
- Algeria to Brazil Urea Freight Rates — 30kt
Same destination from Algeria with the same lot size. The difference reflects the different route basis and prevailing market conditions.
$37.00 USD/mt · 21 Oct 2026 · difference (this − other) +23.50
- Arab Gulf to Brazil Urea Freight Rates — 40kt
Same destination from Arab Gulf (40,000 mt lots). The series has a different route and parcel-size basis; prevailing market conditions may also differ.
$94.00 USD/mt · 21 Oct 2026 · Different parcel sizes (30kt vs 40kt); values are shown for route context and are not directly comparable — no difference shown
- Nigeria to Brazil Urea Freight Rates — 30kt
Same destination from Nigeria with the same lot size. The difference reflects the different route basis and prevailing market conditions.
$30.50 USD/mt · 21 Oct 2026 · difference (this − other) +30.00
- Baltic to EC Mexico Urea Freight Rates — 30kt
Same origin to EC Mexico. The difference reflects the different route basis and prevailing market conditions.
$61.00 USD/mt · 21 Oct 2026 · difference (this − other) -0.50
Related Fertilizer Freight Rates
- Algeria to Brazil Urea Freight Rates — 30kt30kt · $37.00 USD/mt
- Nigeria to Brazil Urea Freight Rates — 30kt30kt · $30.50 USD/mt
- Arab Gulf to Brazil Urea Freight Rates — 40kt40kt · $94.00 USD/mt
- Baltic to EC Mexico Urea Freight Rates — 30kt30kt · $61.00 USD/mt
- Baltic to WC Mexico Urea Freight Rates — 25kt25kt · $107.50 USD/mt
- Algeria to US Gulf Urea Freight Rates — 30kt30kt · $36.50 USD/mt
- Arab Gulf to Thailand Urea Freight Rates — 30kt30kt · $85.50 USD/mt
- Algeria to French bay Urea Freight Rates — 12kt12kt · $32.00 USD/mt
What This Assessment Represents
This is a CommodityScope indicative freight assessment for the defined route and cargo basis. It is not a live fixture. Origin, destination, cargo and parcel size remain as defined for this series. Terms not specified in the assessment basis are left blank.
How to use
- Combine the freight rate with a comparable FOB fertilizer price to estimate a CFR-equivalent value for the same cargo, parcel and timing basis.
Not suitable for
- Fixing a vessel; no laycan or terms are implied.
Assessment and computed statistics: CommodityScope. See the Dry Freight Methodology v1.0 for assessment basis, calculation principles and data policy.