# Urea Sector - Lower urea price outlook in 2024, rebound in 2025 - Vietcap

> Vietcap lowered its 2024 average Middle East urea price forecast to USD320/tonne from USD350, citing easing gas prices, expected Chinese export relaxation, and weaker demand tied to El Niño and geopolitical tensions. The brokerage still expects a roughly 9% rebound in 2025 as new global capacity additions slow.

- Date: 2024-05-10 · published 2024-05-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/30595-urea-sector-lower-urea-price-outlook-in-2024-rebound-in-2025-vietcap
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower urea prices through 2024 reduce nitrogen input costs for crop producers, while the expected 2025 rebound signals rising costs for next season's corn planting.

## Read by commodity

- UREA: bearish ▼

## Sources

- vietcap.com.vn: https://www.vietcap.com.vn/en/research-center/urea-sector-lower-urea-price-outlook-in-2024-rebound-in-2025

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