--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20261029-brazil-urea-price-october-2026-nobel/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Brazil urea price climbs to $488/t as India books just 410,000 t in key tender Publication Date: 2026-10-29T15:00:00-04:00 Last Updated: 2026-10-27T03:19:18-04:00 Author: Kim Clarksen (https://www.fertilizerdaily.com/author/kimclarksen/) Categories: [Markets](https://www.fertilizerdaily.com/markets/), [Asia & Emerging Markets](https://www.fertilizerdaily.com/trade-and-policy/asia-emerging-markets/), [Nitrogen](https://www.fertilizerdaily.com/markets/nitrogen/), [Trade & Policy](https://www.fertilizerdaily.com/trade-and-policy/) ![Chemical fertilizer The product stock is packed in sacks, stacked in the warehouse, waiting for delivery.](https://www.fertilizerdaily.com/wp-content/uploads/2026/10/istock-1372946915.jpg) The Brazil urea price rose despite weak local demand, as European gas costs and a thin Indian purchase set the tone. The Brazil urea price rose to $476–488 per tonne CFR from $464–482 a week earlier, according to the fourth October edition of trading house Nobel Trading's Nobel Report Agro, published October 26. Deals for granular urea closed at $475–490, even as Brazilian buyers held back ahead of the October 25 presidential runoff. The push came from abroad. The report said Dutch TTF gas topped €90 per MWh on October 20, lifting estimated urea production costs in northwest Europe to about $740 per tonne from $678. Chinese cargoes were offered at $470–475 at Aratu and Paranaguá, but in limited volumes, while Qatari and Nigerian product was offered at $485–500. India is the other swing factor. Nobel Trading reported that India bought only about 410,000 tonnes in its October 7 tender against 1.7 million tonnes sought. Indian Potash Limited has not published an award figure. Lowest offers in the [IPL urea tender](https://www.fertilizerdaily.com/20260929-india-urea-tender-ipl-1-7-million-tonnes-december/) were $352.10 per tonne for the east coast and $356.25 for the west coast. The report expects a new Indian tender between late October and mid-November, with Indian stocks estimated at 6.8–8.1 million tonnes. Elsewhere, MAP held at $832–850 per tonne CFR, with Russia now the main supplier to Brazil. Granular MOP eased to $358–371, and October potash arrivals of about 634,000 tonnes were 27% below a year earlier. Brazil's combined urea and ammonium sulfate imports fell 21% in January–September to 7.95 million tonnes. Source: [Portal do Agronegócio](https://www.portaldoagronegocio.com.br/agroindustria/adubos-e-fertilizantes/noticias/fertilizantes-ureia-sobe-a-ate-us-488-por-tonelada-enquanto-map-e-potassio-tem-compras-lentas) Tags: [Brazil](https://www.fertilizerdaily.com/tag/brazil/), [fertilizer prices](https://www.fertilizerdaily.com/tag/fertilizer-prices/), [import tender](https://www.fertilizerdaily.com/tag/import-tender/), [India](https://www.fertilizerdaily.com/tag/india/), [MAP](https://www.fertilizerdaily.com/tag/map/), [nitrogen](https://www.fertilizerdaily.com/tag/nitrogen/), [potash](https://www.fertilizerdaily.com/tag/potash/), [urea](https://www.fertilizerdaily.com/tag/urea/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.