# Tightening urea supply may see prices increase | The Western Producer

> Yara International's CFO said global urea capacity additions outside China have peaked, with only 1.5 million tonnes expected in 2024 and 1.1 million in 2025. He described a tightening supply-demand balance in the coming years, with supply rebounding only in 2027.

- Date: 2024-05-09 · published 2024-05-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/30596-tightening-urea-supply-may-see-prices-increase-the-western-producer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A historically low pipeline of new capacity suggests urea supply will tighten relative to demand, which supports higher nitrogen prices and feed-grain production costs over the medium term.

## Read by commodity

- UREA: bullish ▲

## Sources

- producer.com: https://www.producer.com/news/tightening-urea-supply-may-see-prices-increase/

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