Urea fertilizer prices fall, easing burden on farmers

In recent days, urea fertilizer prices across the Mekong Delta have continued to decline, providing a positive signal for farmers entering the care stage of the 2026 summer-autumn rice crop. The easing of agricultural input prices has helped reduce production cost pressures, even as rice prices remain relatively low.

According to surveys at agricultural input dealers in Can Tho, An Giang, and Dong Thap, retail urea prices have fallen by around VND 3,000/kg compared with March 2026. Ca Mau urea is currently selling at approximately VND 14,200/kg, while Phu My urea is priced at around VND 13,800/kg. However, prices remain nearly VND 3,000/kg higher than before tensions escalated in the Middle East.

Fertilizer distributors said the primary reason behind the price decline is the easing of geopolitical tensions in the Middle East, which has facilitated the import of raw materials used in fertilizer production. Improved supply has pushed domestic fertilizer prices lower after several months of remaining at elevated levels.

Cultivating 6 hectares of summer-autumn rice in Thanh My Tay Commune, An Giang Province, Mr Le Van Tuan said he was pleased that lower urea prices, along with modest declines in other fertilizers, had significantly eased his family's production costs. According to Mr. Tuan, each crop requires a substantial amount of fertilizer, so even a reduction of a few thousand VND/kg translates into meaningful savings across the entire farming area.

"Farmers hope fertilizer prices will remain stable or continue to fall in the coming months to further reduce production costs, especially since rice prices are still below expectations. When agricultural inputs become more affordable, rice growers are more motivated to invest in crop management and improve production efficiency", Mr Tuan said.

According to local agricultural authorities, the decline in fertilizer prices comes at an opportune time, as many areas across the Mekong Delta are focusing on managing their summer–autumn rice crop. However, they noted that for rice farmers to achieve stable profits, the rice market also needs to recover in the coming months, in addition to lower input costs. This would help increase farmers' incomes and give them greater confidence to continue farming.

$1 = VND 26,450 - Source: Vietcombank.