# Nagarjuna's south India urea plant running at 50% capacity due to high gas prices

> Nagarjuna Fertilizers is running its 1.4 million tonne Kakinada urea plant in southern India at 50% capacity due to high imported gas prices. One unit has been shut for two to three months, and the second will restart only if LNG falls to $12-14/MMBtu.

- Date: 2022-12-07 · published 2022-12-07T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/38535-nagarjuna-s-south-india-urea-plant-running-at-50-capacity-due-to-high-gas-prices
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Reduced Indian urea output from high gas costs tightens nitrogen supply, which supports global urea prices.

## Read by commodity

- UREA: bullish ▲
- NATGAS: neutral

## Sources

- reuters.com: https://www.reuters.com/world/india/nagarjunas-south-india-urea-plant-running-50-capacity-due-high-gas-prices-2022-12-07/

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