In April 2026, global nitrogen-based fertiliser prices were 40% above the December 2025 level.

Omissions

• The MEP did not cite a specific source for the 40% figure.
• The World Bank's primary comparison was February-to-April 2026 (+80% for urea), not December-to-April. No source was found that explicitly compares April 2026 prices directly against December 2025 with a stated 40% increase.
• The Profercy World Nitrogen Index provides only range and average data for the December–June period, not specific month-end values for April 2026 or December 2025, so the exact percentage cannot be independently verified.
• Official statistical publications from the World Bank or other primary sources with month-by-month nitrogen fertiliser price data for April 2026 were not located within the search constraints.

Sources

• PrimaryWorld Bank Blogs — Fertilizer prices surge as Strait of Hormuz disruptions tighten suppliesNitrogen (urea) prices climbed above $850 per metric ton in April, up 80 percent since February and the highest level since April 2022. The fertilizer price index rose more than 12 percent in 2026Q1 (q/q).
• PrimaryWorld Bank — Food and Nutrition Security Update, March 2026Fertilizer prices spiked between February and March 2026, with urea prices surging by nearly 46 percent month on month.
• SecondaryProfercy World Nitrogen IndexFor the period 07 Dec 2025 to 07 Jun 2026: Low 191.83, High 392.61, Average 274.35. 12 Weeks Prior Average 193.61. Current value (early June 2026): 271.59, described as 'still nearly 51 points above late-February levels'.