# Nitrogen fertilizers: easing gas prices push ammonitrate prices lower

> Between November 3 and 10, French ex-works ammonitrate 33.5% fell 7.1% and ammonitrate 27% fell 6.2%, while port urea dropped 4.5% and Rouen nitrogen solution fell 1.5%. European gas prices lost nearly 20 €/MWh in ten days after topping 100 €/MWh earlier in November, as prospects of a Middle East ceasefire reduced the energy risk premium. EU gas storage remains below 73%, well under the five-year average.

- Date: 2026-11-14 · published 2026-11-15T06:13:05.231Z
- Category: macro · region EU · magnitude medium
- Page: https://feedsoft.ai/events/100797-nitrogen-fertilizers-easing-gas-prices-push-ammonitrate-prices-lower
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Cheaper gas lowers nitrogen production costs and may restart European fertilizer output, which eases input costs for feed grain and forage growers. The easing is fragile, because Hormuz disruptions and low storage could push gas and fertilizer prices back up.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-07-30 | [Brazil fertilizer deliveries seen falling at least 10%](https://feedsoft.ai/events/18687-brazil-fertilizer-deliveries-seen-falling-at-least-10.md) | -4.0% | -1.5% |
| UREA | 2022-11-29 | [Europe: Nitrates prices decline following restarts; now nearing breakeven levels](https://feedsoft.ai/events/7856-europe-nitrates-prices-decline-following-restarts-now-nearing-breakeven-levels.md) | -4.0% | -7.5% |
| UREA | 2023-03-24 | [US natgas prices slump after mild winter leaves big surplus \| Reuters](https://feedsoft.ai/events/37027-us-natgas-prices-slump-after-mild-winter-leaves-big-surplus-reuters.md) | -0.8% | +13.0% |
| UREA | 2023-03-20 | [Global Natural Gas Prices Keep Falling as Demand Weakens, Banking Crisis Weighs on Markets – LNG Recap](https://feedsoft.ai/events/37032-global-natural-gas-prices-keep-falling-as-demand-weakens-banking-crisis-weighs.md) | +0.3% | +13.2% |
| UREA | 2026-06-23 | [Natural gas: Lower TTF path but winter risks – Rabobank](https://feedsoft.ai/events/18990-natural-gas-lower-ttf-path-but-winter-risks-rabobank.md) | -2.1% | -1.4% |

## Sources

- agriannonces.fr: https://agriannonces.fr/actu/engrais-azotes-detente-prix-gaz-degonfle-cours-ammonitrate

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.