# European Fertilizer Production Falls Due to High Gas Prices 31.08.2022 - UkrAgroConsult

> Yara plans to curtail production equivalent to 3.1 million tonnes of ammonia and 4 million tonnes of finished products, including urea, nitrates and NPK, due to high gas prices. Producers in Poland and Lithuania have also halted output, and urea prices in North Africa rose sharply while potash and DAP prices fell in Brazil and India.

- Date: 2022-08-31 · published 2022-08-31T12:00:00.000Z
- Category: macro · region Europe · magnitude high
- Page: https://feedsoft.ai/events/40340-european-fertilizer-production-falls-due-to-high-gas-prices-31-08-2022
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Europe's gas-driven fertilizer output cuts tighten nitrogen supply and support urea prices, while weak potash and DAP demand is pushing those products lower.

## Read by commodity

- DAP: bearish ▼
- UREA: bullish ▲
- NATGAS: bullish ▲
- POTASH: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2020-06-30 | [TTF gas prices \| European Gas Hub](https://feedsoft.ai/events/52801-ttf-gas-prices-european-gas-hub.md) | +7.6% | +7.4% |
| NATGAS | 2021-10-07 | [High fertilizer prices not going away quickly \| The Western Producer](https://feedsoft.ai/events/5910-high-fertilizer-prices-not-going-away-quickly-the-western-producer.md) | -4.5% | -3.5% |
| NATGAS | 2022-08-26 | [US LNG export terminals stage production push as European gas prices top $100/MMBtu \| S&P Global](https://feedsoft.ai/events/40206-us-lng-export-terminals-stage-production-push-as-european-gas-prices-top-100.md) | -1.1% | -27.9% |
| NATGAS | 2021-09-22 | [Nitrogen prices soar as high gas prices shut down production - Farmers Weekly](https://feedsoft.ai/events/45383-nitrogen-prices-soar-as-high-gas-prices-shut-down-production-farmers-weekly.md) | +20.7% | +1.3% |
| NATGAS | 2020-08-31 | [Natural gas prices \| European Gas Hub](https://feedsoft.ai/events/51817-natural-gas-prices-european-gas-hub.md) | -15.6% | -23.3% |
| UREA | 2022-08-15 | [Nitrogen Fertilizers Prices Rise from Increased European Natural Gas Prices](https://feedsoft.ai/events/12420-nitrogen-fertilizers-prices-rise-from-increased-european-natural-gas-prices.md) | +0.1% | +13.4% |
| UREA | 2021-10-07 | [High fertilizer prices not going away quickly \| The Western Producer](https://feedsoft.ai/events/5910-high-fertilizer-prices-not-going-away-quickly-the-western-producer.md) | +5.0% | +9.6% |
| UREA | 2022-08-26 | [US LNG export terminals stage production push as European gas prices top $100/MMBtu \| S&P Global](https://feedsoft.ai/events/40206-us-lng-export-terminals-stage-production-push-as-european-gas-prices-top-100.md) | +17.8% | +12.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/european-fertilizer-production-falls-due-to-high-gas-prices/

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