# Fitch Ratings cuts near-term ammonia, urea and potash fertiliser price assumptions | World Fertilizer

> Fitch Ratings cut its 2023 ammonia, 2023-2024 urea and 2023-2024 potash price assumptions. The cuts reflect lower gas feedstock prices, surplus supply from new capacity and slower demand recovery.

- Date: 2023-03-16 · published 2023-03-16T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/36784-fitch-ratings-cuts-near-term-ammonia-urea-and-potash-fertiliser-price
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower forecast nitrogen and potash prices point to cheaper fertilizer inputs for farmers, with new capacity and a possible Chinese export increase adding downside risk.

## Read by commodity

- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- worldfertilizer.com: https://worldfertilizer.com/nitrogen/16032023/fitch-ratings-cuts-near-term-ammonia-urea-and-potash-fertiliser-price-assumptions/
- worldfertilizer.com: https://www.worldfertilizer.com/nitrogen/16032023/fitch-ratings-cuts-near-term-ammonia-urea-and-potash-fertiliser-price-assumptions/

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