Nutrien has indefinitely shut its Point Lisas nitrogen complex in Trinidad, citing natural gas supply constraints; the plant had been idle since October 2025. DTN data show all eight tracked fertilizer nutrients cost more than a year earlier, with urea 12% higher and potash above $500 per ton.
Losing a major Trinidad source of ammonia and urea tightens supply just before the Northern Hemisphere winter buying season, pushing fertilizer costs and crop input costs higher.
After 49 past bullish logistics events, Urea moved a median -0.3% over 5 sessions (45% higher; middle half -1.3% to +2.2%), and -0.4% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.