# Europe Fertilizer Plant Shutdowns May Turn Permanent, Group Warns - Bloomberg

> Fertilizers Europe warns that temporary shutdowns of European nitrogen plants caused by soaring natural gas prices could become permanent. Natural gas typically makes up as much as 80% of nitrogen production costs. The group says the European Commission's proposed toolbox does not go far enough.

- Date: 2021-10-13 · published 2021-10-13T12:00:00.000Z
- Category: macro · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/44877-europe-fertilizer-plant-shutdowns-may-turn-permanent-group-warns-bloomberg
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Permanent loss of European nitrogen capacity would tighten global urea and ammonia supply and keep fertiliser prices elevated. Higher input costs will pass through to feed grain production.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-01-21 | [The Fertilizer Crisis Is Getting Real for Europe Food Prices - Bloomberg](https://feedsoft.ai/events/43072-the-fertilizer-crisis-is-getting-real-for-europe-food-prices-bloomberg.md) | 0.0% | -8.0% |
| UREA | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | -4.5% | +13.6% |
| UREA | 2021-08-27 | [Supply Lines Latest: Global Inflation Is Coming for Fertilizer - Bloomberg](https://feedsoft.ai/events/6007-supply-lines-latest-global-inflation-is-coming-for-fertilizer-bloomberg.md) | +10.6% | +24.4% |
| UREA | 2022-09-02 | [Fertilizer Costs Are Surging Again Just as US Farmers Look to Buy - Bloomberg](https://feedsoft.ai/events/39880-fertilizer-costs-are-surging-again-just-as-us-farmers-look-to-buy-bloomberg.md) | -5.4% | -10.5% |
| 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% |
| NATGAS | 2022-08-05 | [Nitrogen Fertilizer Prices Are Spiking as Natural Gas Soars - Bloomberg](https://feedsoft.ai/events/40356-nitrogen-fertilizer-prices-are-spiking-as-natural-gas-soars-bloomberg.md) | +5.3% | +12.8% |
| NATGAS | 2022-09-02 | [Fertilizer Costs Are Surging Again Just as US Farmers Look to Buy - Bloomberg](https://feedsoft.ai/events/39880-fertilizer-costs-are-surging-again-just-as-us-farmers-look-to-buy-bloomberg.md) | -12.5% | -29.4% |
| NATGAS | 2018-06-12 | [America's Gas Exports May Double Prices by 2040 - Bloomberg](https://feedsoft.ai/events/64717-america-s-gas-exports-may-double-prices-by-2040-bloomberg.md) | -0.1% | -4.4% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-10-13/fertilizer-group-warns-europe-plant-shutdowns-may-turn-permanent

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