# Prices of Nitrogen Fertilizer Rebalance in Crucial Shift

> Nitrogen fertilizer prices in Europe and the US rebalanced in February, with urea falling sharply and UAN and ammonia offers following. Ammonia prices at Eastern Oklahoma plants fell from $870-$885 to $625-$665 FOB ex-plant. European producers gained competitiveness as they became swing producers in the global ammonia market.

- Date: 2023-03-15 · published 2023-03-15T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/37198-prices-of-nitrogen-fertilizer-rebalance-in-crucial-shift
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Cheaper European and US nitrogen supply weighs on global nitrogen prices and eases input costs for grain and feed producers. Prices are expected to stay stable or soften in the short term before spring demand.

## Read by commodity

- UREA: bearish ▼

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/prices-of-nitrogen-fertilizer-rebalance-in-crucial-shift-16694

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