# European producers lift nitrate prices basis firm urea values

> Yara announced a new bulk CPT price of €245/t for October delivery of YaraBela Extran (33.5%) in France, up €7/t from the price set in early July for September. Yara and OCI also raised CAN 27% prices in Germany and the Benelux, with Yara at €180/t CIF bulk. European nitrate producers are following a rally in urea prices, which have risen over $60/t since late May.

- Date: 2020-08-27 · published 2020-08-27T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/51920-european-producers-lift-nitrate-prices-basis-firm-urea-values
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher European nitrate and urea prices raise the cost of nitrogen inputs for feed grain and oilseed growers, which can support crop input costs and feed-cost sentiment. The increase is modest and mostly tracks the global urea rally.

## Read by commodity

- UREA: bullish ▲

## Sources

- profercy.com: https://www.profercy.com/insights/european-producers-lift-nitrate-prices-basis-firm-urea-values

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