# Tight supply, high prices predicted for urea | Farm Online | ACT

> Australian urea prices are well above $700/t in most areas, with some farmers budgeting over $800/t for new orders. Australian urea imports were up 59% year on year at the end of April, and strong grain prices are driving demand for nitrogen.

- Date: 2021-07-28 · published 2021-07-28T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/46376-tight-supply-high-prices-predicted-for-urea-farm-online-act
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Robust demand from high grain prices and tight domestic stocks support Australian urea prices into the coming months, reinforcing the upward trend in nitrogen fertilizer costs.

## Read by commodity

- UREA: bullish ▲

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/7359971/tight-supply-high-prices-predicted-for-urea/

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