# Global energy crisis drives fertilizer prices to records

> European gas spike curtails ammonia output; China restricts fertilizer exports. Urea and DAP hit multi-year highs.

- Date: 2021-09-15 · published 2021-09-15T12:00:00.000Z
- Category: macro · region Global
- Page: https://feedsoft.ai/events/16-global-energy-crisis-drives-fertilizer-prices-to-records
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2021-10-01 | 1 | +66.0% | 5.5 | The European natural gas price spike raised input costs and curtailed ammonia and urea output, while Chinese export restrictions cut seaborne urea supply, directly driving the September 2021 price surge. |
| UREA | 2021-10-01 | 1 | +66.0% | 5.5 | The European natural gas price spike raised input costs and curtailed ammonia and urea output, while Chinese export restrictions cut seaborne urea supply, directly driving the September 2021 price surge. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-01-21 | [The Fertilizer Crisis Is Getting Real for Europe Food Prices - Bloomberg](https://feedsoft.ai/events/43072-the-fertilizer-crisis-is-getting-real-for-europe-food-prices-bloomberg.md) | 0.0% | -8.0% |
| UREA | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | -18.1% | -19.0% |
| UREA | 2022-05-11 | [Fertilizer prices expected to remain higher for longer](https://feedsoft.ai/events/41325-fertilizer-prices-expected-to-remain-higher-for-longer.md) | -0.8% | -18.1% |
| UREA | 2021-09-28 | [U.S. natgas rise to 7-year high on record global prices](https://feedsoft.ai/events/7925-u-s-natgas-rise-to-7-year-high-on-record-global-prices.md) | +28.4% | +33.3% |
| UREA | 2021-10-20 | [The Global Energy Crisis: Implications of Record High Natural Gas Prices - Center on Global Energy Policy at Columbia University SIPA \| CGEP](https://feedsoft.ai/events/44767-the-global-energy-crisis-implications-of-record-high-natural-gas-prices-center.md) | -2.0% | +9.0% |
| DAP | 2022-04-25 | [High fertilizer prices contribute to rising global food security concerns \| IFPRI](https://feedsoft.ai/events/41764-high-fertilizer-prices-contribute-to-rising-global-food-security-concerns-ifpri.md) | -7.9% | -10.0% |
| DAP | 2022-05-11 | [Fertilizer prices expected to remain higher for longer](https://feedsoft.ai/events/41325-fertilizer-prices-expected-to-remain-higher-for-longer.md) | 0.0% | -13.1% |
| DAP | 2022-01-19 | [High natural gas prices could lead to spike in food costs through fertilizer link \| S&P Global](https://feedsoft.ai/events/43069-high-natural-gas-prices-could-lead-to-spike-in-food-costs-through-fertilizer.md) | -0.5% | +1.7% |

## Sources

- Wikipedia: https://en.wikipedia.org/wiki/2021%E2%80%932023_global_energy_crisis

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