European urea prices rose month on month in January 2025 because of a supply shortage of urea and its feedstock ammonia. German producer SKW Piesteritz announced production cuts, citing market conditions and the political framework.
Indian prices stayed stable over the same period.
Lower European nitrogen output and regulatory pressure tighten regional supply, supporting European urea prices and drawing in imports from other origins.
After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
European urea and ammonia supply shortages plus SKW Piesteritz production cuts tightened regional supply and supported price increases in early February.
European supply shortages and SKW Piesteritz production cuts tightened regional urea availability and pushed prices up.