# Yara reports increased deliveries, lower prices and reduced

> Yara International reported first-quarter 2024 EBITDA of USD 435 million, down 11% year on year, as lower prices offset a 12% rise in total deliveries. Net income fell to USD 16 million from USD 105 million. The company said urea supply is currently strong from India and China but expects a tightening supply-demand balance over the longer term.

- Date: 2024-04-26 · published 2024-04-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/31054-yara-reports-increased-deliveries-lower-prices-and-reduced
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower urea prices and strong near-term supply from India and China point to softer nitrogen costs for farmers this season. Yara's view of tighter balances later could support prices beyond 2024.

## Read by commodity

- UREA: neutral

## Sources

- globenewswire.com: https://www.globenewswire.com/news-release/2024/04/26/2870238/0/en/Yara-reports-increased-deliveries-lower-prices-and-reduced-GHG-emission-intensity-in-1Q.html

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