# Urea market squeeze due to several factors - Brownfield Ag News

> Josh Linville says China's lack of urea exports is the biggest factor squeezing the market. China historically exports about 5 to 5.5 million tons per year, and export restrictions are affecting supply heading into the fourth quarter.

- Date: 2024-10-03 · published 2024-10-03T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/28188-urea-market-squeeze-due-to-several-factors-brownfield-ag-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Reduced Chinese urea exports remove a major source of global supply, supporting higher fertilizer prices ahead of the northern hemisphere application season.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-09-05 | [Global factors raise price of nitrogen - Brownfield Ag News](https://feedsoft.ai/events/9881-global-factors-raise-price-of-nitrogen-brownfield-ag-news.md) | +14.0% | +9.1% |
| UREA | 2020-11-20 | [AgroPages-Urea market fed by the hand of India-Agricultural news](https://feedsoft.ai/events/50467-agropages-urea-market-fed-by-the-hand-of-india-agricultural-news.md) | +9.4% | +7.9% |
| UREA | 2022-07-24 | [Global Factors at Play in the Nitrogen Market \| Red River Farm Network](https://feedsoft.ai/events/40805-global-factors-at-play-in-the-nitrogen-market-red-river-farm-network.md) | +16.4% | +13.6% |
| UREA | 2026-01-07 | [Middle East granular urea sold in high $410s/t fob \| Latest Market News](https://feedsoft.ai/events/21365-middle-east-granular-urea-sold-in-high-410s-t-fob-latest-market-news.md) | +1.5% | +16.3% |
| UREA | 2020-03-06 | [Urea market immune to World economic woes](https://feedsoft.ai/events/54076-urea-market-immune-to-world-economic-woes.md) | -0.2% | -2.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/urea-market-squeeze-due-to-several-factors/

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