# Urea Prices Strengthens in North America and South America, Unlike Asia

> North American and South American urea prices strengthened in late January 2024 while Asian prices declined. Ammonia shortages from a pipeline disruption in the US raised feedstock costs, and Brazilian planting demand remained firm.

- Date: 2024-01-29 · published 2024-01-29T12:00:00.000Z
- Category: market · region North America · magnitude low
- Page: https://feedsoft.ai/events/32435-urea-prices-strengthens-in-north-america-and-south-america-unlike-asia
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tight ammonia supply and steady South American demand support urea prices in the Western Hemisphere, while weaker Asian demand and exports cap the global rally.

## Read by commodity

- UREA: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/urea-prices-strengthens-in-north-america-and-south-america-unlike-asia-24815

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