Fertilizers · Daily Indicative Assessment
Middle East Granular Urea Price — FOB
- CommodityScope Indicative Assessment
- CS Series CS-ARG-D-UREA-ME-G + 1 related series on this page
- daily cadence · FOB Middle East · USD/mt
- methodology
CommodityScope assesses the indicative market level for this series as of 17 September 2026, up $17.50 from the previous daily assessment (10 Sep 2026). The latest midpoint is in the assessment card. The assessment represents the estimated prevailing market level for the defined basis and is not an executable quotation.
Latest Middle East Granular Urea Price
The assessment range is an uncertainty interval around the CommodityScope midpoint and does not represent a quoted bid/offer spread or daily trading high/low. Range methodology
- Basis
- FOB Middle East
- Unit
- USD/mt
- Frequency
- Daily
- CS Series
- CS-ARG-D-UREA-ME-G
Middle East Granular Urea Price Chart
USD/mt · Calendar gaps are not interpolated.
Granular Urea — Middle East
Price Changes and Historical Range
Latest change compares consecutive available daily observations of this series. Computed statistics are CommodityScope calculations from the series history.
Monthly Middle East Granular Urea Prices
Average, minimum and maximum of assessment midpoints in each calendar month. These are not the daily assessment range. Incomplete latest months are marked month to date.
| Month | Average mid | Min mid | Max mid | Observations |
|---|---|---|---|---|
| September 2026Month to date | 445.83 | 430.00 | 462.50 | 3 |
| August 2026 | 397.50 | 375.00 | 410.00 | 3 |
| July 2026 | 450.00 | 450.00 | 450.00 | 2 |
| June 2026 | 457.50 | 390.00 | 567.50 | 4 |
| May 2026 | 690.00 | 630.00 | 775.00 | 3 |
| April 2026 | 909.00 | 900.00 | 918.00 | 2 |
| March 2026 | 750.00 | 672.50 | 812.50 | 3 |
| February 2026 | 487.25 | 487.00 | 487.50 | 2 |
| January 2026 | 450.00 | 450.00 | 450.00 | 1 |
Recent Daily Assessments
Latest CommodityScope daily assessments for the defined market basis. Low and high are the CommodityScope assessment range around each midpoint, not a bid/offer spread. Dates without an available assessment are omitted.
| Date | Low | High | Mid | Δ vs previous |
|---|---|---|---|---|
| 2026-09-17 | 449.00 | 476.00 | 462.50 | +17.50 |
| 2026-09-10 | 431.50 | 458.50 | 445.00 | +15.00 |
| 2026-09-03 | 416.50 | 443.50 | 430.00 | +22.50 |
| 2026-08-20 | 394.50 | 420.50 | 407.50 | +32.50 |
| 2026-08-13 | 362.50 | 387.50 | 375.00 | -35.00 |
| 2026-08-06 | 396.50 | 423.50 | 410.00 | -40.00 |
| 2026-07-30 | 435.00 | 465.00 | 450.00 | 0.00 |
| 2026-07-23 | 434.00 | 466.00 | 450.00 | +60.00 |
| 2026-06-25 | 376.50 | 403.50 | 390.00 | -25.00 |
| 2026-06-18 | 400.00 | 430.00 | 415.00 | -42.50 |
| 2026-06-11 | 440.50 | 474.50 | 457.50 | -110.00 |
| 2026-06-04 | 547.50 | 587.50 | 567.50 | -62.50 |
| 2026-05-28 | 607.50 | 652.50 | 630.00 | -35.00 |
| 2026-05-21 | 640.50 | 689.50 | 665.00 | -110.00 |
| 2026-05-07 | 746.50 | 803.50 | 775.00 | -125.00 |
| 2026-04-23 | 867.00 | 933.00 | 900.00 | -18.00 |
| 2026-04-15 | 883.00 | 953.00 | 918.00 | +105.50 |
| 2026-03-26 | 781.50 | 843.50 | 812.50 | +47.50 |
| 2026-03-19 | 731.50 | 798.50 | 765.00 | +92.50 |
| 2026-03-06 | 642.50 | 702.50 | 672.50 | +185.00 |
| 2026-02-19 | 481.50 | 493.50 | 487.50 | +0.50 |
| 2026-02-12 | 475.00 | 499.00 | 487.00 | +37.00 |
| 2026-01-29 | 448.00 | 452.00 | 450.00 | — |
What This FOB Middle East Price Represents
Daily FOB Middle East assessment of granular urea cargoes in USD/mt, loading from Gulf export plants.
How to use this series
- Track export values by origin (FOB) and import values by destination (CFR); compare like with like (granular vs granular, FOB vs FOB).
What it is not suitable for
- Farm-gate or retail prices.
- Comparing a USD/st NOLA barge value with USD/mt seaborne values without conversion.
Compare With
Each comparison states why the series are related and whether the latest values can be subtracted directly (same unit, currency and assessment date). Where they cannot, the values are shown side by side without a difference.
| Series | Why compare | Latest | Difference (this − other) |
|---|---|---|---|
| Granular Urea — Middle East Non-US FOB netback · USD/mt · weekly | Weekly netback series for the same origin excluding US-bound sales.
| 455.00 17 Sep 2026 | +7.50 |
| Prilled Urea — Middle East FOB Middle East · USD/mt · weekly | Prilled form from the same origin.
| 445.00 17 Sep 2026 | +17.50 |
| Granular Urea — Brazil (Daily) CFR Brazil · USD/mt · daily | CFR Brazil destination value; the gap includes freight.
| 490.00 17 Sep 2026 | not directly comparable |
| Granular Urea Nutrient Value — Middle East FOB netbacks · USD/unit N · weekly | Same price expressed per unit of nitrogen.
| 8.57 17 Sep 2026 | not directly comparable |
Related Urea Prices
Series on This Page
Granular urea FOB Middle East: the daily assessment and the FOB Middle East swap curve share one loading basis. The weekly Middle East non-US netback is a different basis and has its own page. The first row is the featured series: it supplies the headline value, chart and statistics above. Each series keeps its own CS Series identifier and history.
| Series | CS Series | Cadence | Latest | Change | Assessment date |
|---|---|---|---|---|---|
| Daily assessmentFeatured FOB Middle East | CS-ARG-D-UREA-ME-G | daily | 462.50 USD/mt | +17.50 vs previous daily assessment (10 Sep 2026) | 17 Sep 2026 |
| Forward curve FOB Middle East | CS-ARG-DER-ME | weekly · M1 tenor | 460.00 USD/mt | +47.00 vs previous weekly assessment (10 Sep 2026) | 17 Sep 2026 |
Forward curve — 17 September 2026
Forward values on the same underlying basis (FOB Middle East; CS Series CS-ARG-DER-ME), in USD/mt. All tenors published on the latest assessment date are shown; the highlighted M1 tenor is listed below with its recent history. The curve is a separate series and is not mixed into the spot history above.
Provider names identify the printed curve source. They are not CommodityScope assessments.
| Tenor | Contract | Provider | Bid | Offer | Mid |
|---|---|---|---|---|---|
| BALMO | 2026-09 | Falcon | 412.00 | 440.00 | 426.00 |
| M1 | 2026-10 | Direct Hedge | 440.00 | 480.00 | 460.00 |
| M1 | 2026-10 | Falcon | 450.00 | 485.00 | 468.00 |
| M2 | 2026-11 | Direct Hedge | 440.00 | 480.00 | 460.00 |
| M3 | 2026-12 | Direct Hedge | 430.00 | 480.00 | 455.00 |
The highlighted M1 row is the tenor listed in the recent-history table. Other tenors are shown for this date only.
| Date | M1 bid | M1 offer | M1 mid |
|---|---|---|---|
| 2026-09-17 | 440.00 | 480.00 | 460.00 |
| 2026-09-10 | 395.00 | 430.00 | 413.00 |
| 2026-09-03 | 395.00 | 425.00 | 410.00 |
| 2026-08-20 | 380.00 | 410.00 | 395.00 |
| 2026-08-13 | 370.00 | 390.00 | 380.00 |
| 2026-08-06 | 410.00 | 440.00 | 425.00 |
| 2026-07-30 | 430.00 | 455.00 | 443.00 |
| 2026-07-23 | 430.00 | 460.00 | 445.00 |
Latest 8 of 20 M1 observations. A dash means no bid or offer was published for that date.
CommodityScope Assessment Basis
This is the CommodityScope series definition for the published midpoint and assessment range. Characteristics that are not part of this basis are not inferred.
- Product
- Granular Urea
- Product quality
- Granular urea (46% N), as labelled by the series name. Other chemical or contractual properties are not implied.
- Location basis
- FOB Middle East
- Parcel basis
- Typical seaborne fertilizer cargo as transacted on the stated basis. CommodityScope does not fix a standard parcel tonnage.
- Delivery / loading period
- Not fixed in the published series basis.
- Assessment window
- CommodityScope daily assessment dated as of the published assessment date.
- Currency / unit
- USD/mt
- Normalization
- Inputs used for the midpoint and the assessment range are considered only after they can be expressed on this series basis and unit. Cross-unit values are not converted on the public site and are not mixed into this series.
Specification · stated in the assessment basis
- Granular urea (46% N) — form stated in the series name.
Basis: FOB Middle East
- FOB Middle East: cargo loading at Gulf export plants; excludes freight to destination.
- Daily assessment; the weekly Middle East series on this site is a separate history and is not merged with this one.
- FOB (free on board): the price covers the product loaded on the vessel at the named origin; sea freight and insurance to the destination are excluded, so FOB values from different loading areas are not delivered-cost equivalents.
- Middle East urea loads from plants in the Gulf states (e.g. Saudi Arabia, Qatar, Oman, UAE, Bahrain) and Iran; the basis is the loading port.
Unit: USD/mt
- Most series are USD per metric tonne of product, not per tonne of nitrogen. NOLA barge series are USD per short ton (907.18 kg); Rouen and German inland series are EUR/mt.
- FOB origin and CFR destination values are not interchangeable; the gap may reflect freight, insurance, location basis, parcel size and timing, not freight alone.
Product and market references
- CommodityScope series definition — nitrogen fertilizers
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
- CommodityScope Market Assessment Methodology
Assessment, assessment range and computed statistics: CommodityScope. The assessment range is an uncertainty interval around the midpoint, not a bid/offer spread. See the CommodityScope Market Assessment Methodology for assessment basis, calculation principles and data policy.