Urea Sector - Medium-term outlook remains bright for DPM & DCM
  • 16 Oct 2024
  • Sector Reports
We maintain our average Middle East urea price forecast for 2024F at USD320/tonne (-10.5% vs 2023 and ~20% higher vs the pre-COVID level). The average Middle east urea price in 9M 2024 was USD331/tonne (-5% YoY). In Q3 2024, Middle East urea prices rose t