Profercy World Nitrogen Index

Profercy’s Nitrogen Index utilizes key global nitrogen fertilizer prices to derive a value for nitrogen as a crop nutrient. The Index provides a useful and straightforward tool to gauge the overall health of the World market for nitrogen fertilizers.

For the latest detailed market analysis on global urea, ammonia, nitrates and ammonium sulphate, you can sign up for a no-obligation trial of the Profercy Nitrogen Service. To do so, please click here.


Market Status: Stable-to-firm Week 20 2024 – Nitrogen Index registers modest gain as urea values stage recovery

The Nitrogen Index registered a moderate increase this week, with further gains anticipated with urea producers managing to build order books into June. After a sustained period of price decline, a round of short covering and last minute demand in the east saw spot values advance.

Most notable gains were witnessed in Egypt with business taking place up to $310pt fob, up $30pt on levels seen earlier in the week. In the Middle East producers and traders managed to make several sales in the $275-285pt fob range before price ideas moved higher.

The Index now stands at 134.30 points, up 0.82 week-on-week.

For a detailed overview of the latest developments in global nitrogen markets, as well as the latest regional market analysis and price assessments, you can receive a free trial of the Profercy Nitrogen Service.

The Index is updated each week. An overview of the methodology can be found here.

Urea: A brief price history since 1970

To coincide with the publication of Profercy’s latest long term report, an article outlining urea price developments since the 1970s and the factors causing the decline in urea prices since 2011 can be found here.