# Ag Commodity Price Rally Could Be Bullish for Fertilisers | CZ app

> Qatar Energy plans a new urea complex by 2030 that would roughly double its capacity to 12.4 million tonnes. The Indian NFL tender drew 1.17 million tonnes of firm offers at low prices, and international urea prices edged up after the tender.

- Date: 2024-09-09 · published 2024-09-09T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/28226-ag-commodity-price-rally-could-be-bullish-for-fertilisers-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Future Qatari capacity is a bearish long-term factor that could pressure marginal producers, while the Indian tender provides near-term support. Ammonia may firm on Middle East outages.

## Read by commodity

- UREA: bullish ▲
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-02-02 | [Fertiliser prices steadily creep up...but why? - Agriland.ie](https://feedsoft.ai/events/12941-fertiliser-prices-steadily-creep-up-but-why-agriland-ie.md) | -5.9% | +0.1% |
| UREA | 2024-09-30 | [Fertilizer Prices Steady Amid Global Developments \| CZ app](https://feedsoft.ai/events/5247-fertilizer-prices-steady-amid-global-developments-cz-app.md) | +5.3% | +4.4% |
| UREA | 2021-10-05 | [Farmers face fertiliser shortages, higher prices after China export ban \| VIC](https://feedsoft.ai/events/5913-farmers-face-fertiliser-shortages-higher-prices-after-china-export-ban-vic.md) | +6.2% | +11.5% |
| UREA | 2025-02-05 | [Urea, UAN32 lead fertilizer prices higher; tariffs could boost potash prices - AgriAmerica](https://feedsoft.ai/events/25958-urea-uan32-lead-fertilizer-prices-higher-tariffs-could-boost-potash-prices.md) | +2.4% | -1.5% |
| UREA | 2023-07-22 | [Downturn in International Fertilizer prices appears to be over.](https://feedsoft.ai/events/7007-downturn-in-international-fertilizer-prices-appears-to-be-over.md) | +31.8% | +18.1% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/ag-commodity-price-rally-could-be-bullish-for-fertilisers/

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