# Yara implements further production curtailments in Europe | Yara International

> Yara is implementing further curtailments in Europe due to record high gas prices, bringing its European ammonia capacity utilisation to around 35%. Across its European system, it has curtailed the equivalent of 3.1 million tonnes of ammonia and 4.0 million tonnes of finished products.

- Date: 2022-08-25 · published 2022-08-25T12:00:00.000Z
- Category: macro · region Europe · magnitude high
- Page: https://feedsoft.ai/events/40361-yara-implements-further-production-curtailments-in-europe-yara-international
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Cutting roughly 4 million tonnes of finished fertiliser output removes a large share of European supply, tightening global urea and nitrate markets and lifting prices.

## Read by commodity

- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2022-08-25 | 1 | +19.1% | 7.7 | Yara's further European curtailments (ammonia utilisation about 35%) announced on 25 August cut nitrogen supply and likely triggered urgent buying and price spikes. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-08-25 | [Yara cuts cast doubt on Europe's fertiliser production](https://feedsoft.ai/events/40357-yara-cuts-cast-doubt-on-europe-s-fertiliser-production.md) | +19.3% | +12.8% |
| UREA | 2022-10-01 | [Most Wholesale Nitrogen Fertilizer Prices Rise in August on Wave of Production Curtailments at European Plants](https://feedsoft.ai/events/39888-most-wholesale-nitrogen-fertilizer-prices-rise-in-august-on-wave-of-production.md) | +2.0% | -12.6% |
| UREA | 2022-04-26 | [The International Fertilizer Industry Faces Multiple Challenges](https://feedsoft.ai/events/42135-the-international-fertilizer-industry-faces-multiple-challenges.md) | -18.3% | -18.8% |
| UREA | 2021-09-23 | [On the cusp of Europe's winter season, gas storage hits 10-yr low](https://feedsoft.ai/events/7928-on-the-cusp-of-europe-s-winter-season-gas-storage-hits-10-yr-low.md) | +2.2% | +39.6% |
| 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

- yara.com: https://www.yara.com/corporate-releases/yara-implements-further-production-curtailments-in-europe/

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