# Fertilizers prices to remain high, urea to fall on expansions :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> Fitch expects urea to average $630/tonne in 2022 after lower year-to-date prices, and says most fertilizer prices will fall in 2023 but stay above mid-cycle levels. The agency cites 3.8m tonnes of new global urea capacity in 2022 excluding China, with further additions in 2023 and 2024.

- Date: 2022-12-07 · published 2022-12-07T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/38530-fertilizers-prices-to-remain-high-urea-to-fall-on-expansions-content-tap-oan
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

New capacity additions and easing ammonia supply constraints point to lower nitrogen input costs for feed grain growers, though prices remain elevated.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-07-26 | [Fertilizer prices sharply higher year over year :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/5035-fertilizer-prices-sharply-higher-year-over-year-content-tap-oan-hoa-chat-viet.md) | +16.4% | +13.6% |
| UREA | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +2.2% | +10.3% |
| UREA | 2024-05-15 | [Retail Fertilizer Prices Mixed; More Are Lower Than Higher](https://feedsoft.ai/events/30186-retail-fertilizer-prices-mixed-more-are-lower-than-higher.md) | +0.2% | +2.3% |
| UREA | 2023-01-26 | [AgriMarketing.com - DTN Reports Fertilizer Prices Have Fallen To Their Lowest Level In 15 Months](https://feedsoft.ai/events/5868-agrimarketing-com-dtn-reports-fertilizer-prices-have-fallen-to-their-lowest.md) | -15.2% | -20.7% |
| UREA | 2024-04-03 | [Fertilizer Market Insights: Planting Report, YTD Urea NOLA Prices, Indian Tender Results, North American Price - Genesis Fertilizers](https://feedsoft.ai/events/5303-fertilizer-market-insights-planting-report-ytd-urea-nola-prices-indian-tender.md) | -7.2% | -7.9% |

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/fertilizers-prices-to-remain-high-urea-to-fall-on-expansions.html

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