
Nutrien's explainer says rising EU natural gas costs are forcing several nitrogen fertilizer producers to curtail or halt output. Nutrien is running its North American plants at maximum safe output and is developing a clean ammonia project at Geismar, Louisiana, with a final investment decision due in 2023.
The company also cites COVID-era supply chain bottlenecks and the Russian invasion of Ukraine as factors in fertilizer costs.
Gas-driven curtailments in Europe cut nitrogen supply, which tightens urea and ammonia markets and keeps fertilizer costs high for farmers. Higher input costs for feed grains also feed into the price outlook.
Tras 92 eventos alcista de macro pasados, Urea se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -2,0 % y +3,6 %), y +4,8 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.