# This Chemical Is in Short Supply, and the Whole World Feels It

> Urea prices have surged as coal and natural gas, the main inputs in industrial production, have become costlier and scarcer. The shortage is affecting supply worldwide.

- Date: 2021-12-06 · published 2021-12-06T12:00:00.000Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/43912-this-chemical-is-in-short-supply-and-the-whole-world-feels-it
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Natural gas and coal feedstock costs set the floor for nitrogen fertilizer prices, so continued energy strength keeps urea expensive and raises input costs for feed-grain growers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-09-17 | [Urea values surge in the west, supply tightens further as producers shutter and cutback output](https://feedsoft.ai/events/45385-urea-values-surge-in-the-west-supply-tightens-further-as-producers-shutter-and.md) | -0.1% | +39.4% |
| UREA | 2022-01-05 | [Little relief in sight on fertiliser supply and price - Farmers Weekly](https://feedsoft.ai/events/4589-little-relief-in-sight-on-fertiliser-supply-and-price-farmers-weekly.md) | -11.9% | -20.3% |
| UREA | 2022-04-06 | [Nitrogen Fertilizer Prices and Supply in Light of the Ukraine-Russia Conflict - farmdoc daily](https://feedsoft.ai/events/42133-nitrogen-fertilizer-prices-and-supply-in-light-of-the-ukraine-russia-conflict.md) | -3.9% | -24.2% |
| UREA | 2022-01-10 | [Why the cost of fertilizer is rising](https://feedsoft.ai/events/43075-why-the-cost-of-fertilizer-is-rising.md) | -8.8% | -17.6% |
| UREA | 2022-08-10 | [Urea demand grows on both price and supply issues - Farmers Weekly](https://feedsoft.ai/events/40351-urea-demand-grows-on-both-price-and-supply-issues-farmers-weekly.md) | +0.4% | +11.1% |

## Sources

- nytimes.com: https://www.nytimes.com/2021/12/06/business/urea-fertilizer-food-prices.html

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