# Farmer Fertilizer Focus - Urea

> StoneX's fertilizer analysis says urea prices have started rising after a period of decline, with Egyptian producers selling small blocks at higher prices. The analyst expects tight global inventories if planned plant repairs occur and China restricts exports. North American values would need to rise in line with global prices.

- Date: 2021-09-01 · published 2021-09-01T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5164-farmer-fertilizer-focus-urea
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Rough Rice](https://feedsoft.ai/c/RICE.md), [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Tight global urea stocks and possible Chinese export curbs support international prices, which pass through to North American nitrogen costs for feed grain producers.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- RICE: neutral
- UREA: bullish ▲
- POTASH: bullish ▲
- OCEANFRT: neutral
- PHOSROCK: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2021-09-03 | 5 | +16.5% | 3.1 | Prices began rising after a decline on expectations of tight global inventories and possible Chinese export limits, supporting the upward move. |

## Sources

- globaltradealert.org: https://globaltradealert.org/state-act/60500-india-new-scheme-announced-to-provide-transport-and-marketing-assistance-to-exporters-of-agricultural-products/
- stonex.com: https://www.stonex.com/en-gb/insights/farmer-fertilizer-focus-phosphates-2021-09-01/
- stonex.com: https://www.stonex.com/en-gb/insights/farmer-fertilizer-focus-potash-2021-09-01/
- stonex.com: https://www.stonex.com/en-us/insights/farmer-fertilizer-focus-urea-2021-09-01/

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