# State planner investigates fertilizer market, following record urea prices

> China's National Development and Reform Commission has opened an investigation into the urea market after prices hit a record. Urea rose 9% in early June to 2,674 yuan per ton. The futures contract fell about 3% on the news.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/46503-state-planner-investigates-fertilizer-market-following-record-urea-prices
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Government intervention to curb urea prices could limit domestic price gains and weigh on export pricing, which reduces global urea support. Slower Chinese fertilizer prices could also ease the cost pressure on grain producers.

## Read by commodity

- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-09-01 | [The global nitrogen fertilizer market is gradually stabilizing](https://feedsoft.ai/events/5474-the-global-nitrogen-fertilizer-market-is-gradually-stabilizing.md) | +1.7% | +3.9% |
| UREA | 2026-02-12 | [Market data analysis & forecasts - Fertilizer market](https://feedsoft.ai/events/20936-market-data-analysis-and-forecasts-fertilizer-market.md) | +0.2% | +30.0% |
| UREA | 2021-12-02 | [China state planner to guarantee energy supply to fertiliser makers](https://feedsoft.ai/events/43913-china-state-planner-to-guarantee-energy-supply-to-fertiliser-makers.md) | -0.6% | -1.3% |
| UREA | 2026-05-27 | [China allows fresh urea exports amid Iran war-fuelled fertiliser crisis, sources say \| MarketScreener](https://feedsoft.ai/events/19173-china-allows-fresh-urea-exports-amid-iran-war-fuelled-fertiliser-crisis-sources.md) | -21.1% | -31.2% |
| UREA | 2022-10-03 | [U.N. pushes for global fertilizer price cut to avoid 'future crisis' \| Reuters](https://feedsoft.ai/events/39049-u-n-pushes-for-global-fertilizer-price-cut-to-avoid-future-crisis-reuters.md) | +2.0% | -12.6% |

## Sources

- financialpost.com: https://financialpost.com/pmn/business-pmn/china-state-planner-to-investigate-urea-market-after-prices-jump
- thestandard.com.hk: https://www.thestandard.com.hk/china/article/175519/State-planner-investigates-fertilizer-market-following-record-urea-prices

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