# Red Sea Crisis Fragments Ammonia Market | CZ app

> Urea prices rose across major markets on demand from the US, Europe and Brazil, with Brazil's Safrinha season still needing to cover about 30% of its requirements. Indonesia blocked exports by withholding port clearance, China stayed out of the export market, and Red Sea disruption is hampering ammonia supply. Potash prices continued to decline while phosphate remained muted.

- Date: 2024-01-22 · published 2024-01-22T12:00:00.000Z
- Category: trade · region Global · magnitude high
- Page: https://feedsoft.ai/events/4571-red-sea-crisis-fragments-ammonia-market-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Export restrictions from Indonesia and China plus Red Sea ammonia logistics reduce available urea supply, supporting higher nitrogen prices for feed-grain costs. Weak potash suggests lower prices for that nutrient.

## Read by commodity

- UREA: bullish ▲
- POTASH: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2024-01-26 | 1 | +10.5% | 10.5 | Strong demand from the US, Europe and Brazil combined with Indonesian export blocks, China's absence from exports and Red Sea disruption tightened supply, supporting sharp urea price gains. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-06-30 | [India Tender Supports Volatile Urea Market \| CZ app](https://feedsoft.ai/events/24144-india-tender-supports-volatile-urea-market-cz-app.md) | +7.9% | +11.8% |
| UREA | 2024-01-29 | [Urea Prices Set to Pick Up as Potash, Ammonia Dip \| CZ app](https://feedsoft.ai/events/32050-urea-prices-set-to-pick-up-as-potash-ammonia-dip-cz-app.md) | -1.4% | +0.1% |
| UREA | 2024-02-26 | [Urea Prices Lift as Other Markets Remain Muted \| CZ app](https://feedsoft.ai/events/6434-urea-prices-lift-as-other-markets-remain-muted-cz-app.md) | +9.8% | +9.1% |
| UREA | 2024-05-28 | [China Absence, India Tender Creates Urea Market Rally \| CZ app](https://feedsoft.ai/events/30180-china-absence-india-tender-creates-urea-market-rally-cz-app.md) | -2.7% | +4.2% |
| UREA | 2025-03-31 | [European Food Production at Risk As More Ammonia Production Lost \| CZ app](https://feedsoft.ai/events/9269-european-food-production-at-risk-as-more-ammonia-production-lost-cz-app.md) | +5.2% | +10.3% |

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/red-sea-crisis-fragments-ammonia-market/

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