The World Bank Pink Sheet average urea price in April-June 2027, in nominal USD per metric tonne
This snapshot shows a condensed version of Mantic's analysis — the full breakdown is available in the Mantic app. The live forecast may have changed.
Most likely value
385.0 USD per metric tonne
As of 10 Nov 2026, 13:33 UTC
Forecast distribution
Rationale
Full accessMy most likely value for the April–June 2027 World Bank average urea price is $385 per metric tonne, because the World Bank reports increased Chinese exports are driving further price easing.
Forecast breakdown
Full accessForecast record
Forecast context
The World Bank's Commodity Price Data (Pink Sheet) publishes a monthly Urea benchmark in nominal US dollars per metric tonne. Fertiliser prices are exposed to energy costs and international supply disruptions, highlighted in the October 2026 Commodity Markets Outlook. This forecast uses the named World Bank series, not delivered Brazilian urea or a US Gulf futures contract. Sources: https://www.worldbank.org/en/research/commodity-markets and https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099741210282619392
Clarifications
Resolves to the arithmetic mean of the April, May and June 2027 monthly prices for the series labelled Urea in the World Bank Commodity Price Data (Pink Sheet), in nominal US dollars per metric tonne. Use all three monthly observations as recorded in the first Pink Sheet release containing a June 2027 observation, normally the July 2027 publication; use its historical monthly workbook if needed to obtain the other two observations in the same vintage. Ignore later revisions. Do not substitute Urea (US), another regional urea benchmark, the Fertilizer Price Index or a daily/futures price. If the publication is delayed, use the first subsequent Pink Sheet release containing all three observations. If the World Bank renames the series while maintaining the same benchmark, use that direct successor.
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