Anyone checking the urea price today in Pakistan should know that the latest figures are international, and they show a sharp fall. Arif Habib Ltd (AHL) said in a report that global urea has dropped to $450 per tonne from a peak of around $900, after China resumed supplies. Urea is a nitrogen fertiliser used on field crops, so the trend matters to farmers and dealers. These figures do not give a rupee price for a bag sold in Pakistan.
What analysts said about China's supply
At its analyst briefing on Friday, Engro Fertilisers Ltd reported that China had increased its urea supply. AHL linked the drop in prices to China returning to the market, and the two accounts point in the same direction. Reports differ on the top level, with one putting the peak at around $900 per tonne and another placing the April high between $935 and $959.
Why prices rose and what remains high
Global urea surged earlier this year and peaked in April, after geopolitical conflict in the Middle East and the closure of the Strait of Hormuz in late February. The Strait is a major shipping route, and the regional war disrupted oil and gas supplies, which raised production costs. Diammonium phosphate (DAP), another fertiliser, remains elevated at $910 per tonne because of higher sulphur and ammonia costs. Strict export bans and tighter controls in major producers such as China, along with plant maintenance outages, have also limited spot availability.
Timeline: what has happened so far
- Late February: the Strait of Hormuz closes amid Middle East conflict, according to the report.
- April: global urea peaks at about $935-959 per tonne.
- Friday analyst briefing: Engro Fertilisers reports that China has increased its urea supply.
- After the supply increase: international urea falls to $450 per tonne, from a peak of around $900.
What happens next
AHL said it expects Pakistan's total urea market to reach 6.5 million tonnes in calendar year 2026 (CY26). It also anticipates healthy sales in the fourth quarter of CY26, supported by the industry's demand outlook and expected off-take, which means the volumes buyers take from producers. The outlook is conditional on no unforeseen developments, and no price forecast for later months was given. Readers tracking the urea price today in Pakistan should watch local dealer rates, since the figures in this story are global.
Aasan alfaaz mein
Aalmi mandi mein urea ki keemat ek peak se kafi neechay aa gayi hai, aur AHL ke mutabiq yeh China ki supply dobara shuru hone ki wajah se hua. Yeh $450 per tonne ka aalmi rate hai, is liye 50 kg ki bori ka maqami rupay mein bhav in figures se seedha maloom nahi hota. Kisan aur dealers ke liye ishara yeh hai ke qeemat ka rukh naram hai, lekin aakhri bhav apne dealer se hi confirm karein.
