In addition to Europe last week, much of the world market price of urea stopped rising prices than other markets in Europe $ 20 to $ 30 ( per ton , the same below ) . Middle East urea FOB the European market has more than 350 U.S. dollars , the Arab Gulf producers supply tender in December has risen to $ 380 fob .

The rapid rise in the price of urea is caused by two factors : First, Algeria and Egypt urea exports, the second is the European market need imports in December to January next year of urea to meet the needs of next year spring . Algeria and Egypt, once the recovery urea exports , European prices will fall soon . However, due to political reasons, Algeria will not soon resume exports , and no one can determine when to resume exports.

Meanwhile, exports of urea in other countries in North Africa have encountered obstacles that must have an export license . Last week, Libya's exports have also encountered the same problem and Algeria and Egypt, can not be shipped, resulting in exports of these three North African country's main exports of urea decreased . Thus , the Mediterranean buyers have seen a significant tightening of the overall market supply , traders have already December supply FOB $ 330 higher than the receive their own hands. The price is close to $ 340 , on this level , all the CIS NF 's production line will be able to gain substantial profits , but the manufacturer is now faced with a dilemma - to restart the production line may make prices fall again ; does not restart production line can be lost in vain to make profits rising prices of urea process .

U.S. buyers finally return to the urea market , Port of New Orleans in the last 7 days the price has risen by about $ 25 , CIF equivalent of $ 370 , $ 340 FOB Middle East together . Although the European market prices being higher than the U.S. market, but the United States is rapidly narrowing the price will soon attracted to the spot .