# Production at risk from rising fertilizer prices | eKathimerini.com

> Fertilizer prices are rising after Iranian attacks on Gulf countries and the closure of the Strait of Hormuz disrupted fertilizer production and shipping. Qatar's Ras Laffan nitrogen plant declared force majeure, and urea reportedly reached $584.50 per ton, up nearly 30% in a few days.

- Date: 2020-02-24 · published 2020-02-24T12:00:00.000Z
- Category: geopolitics · region Middle East · magnitude high
- Page: https://feedsoft.ai/events/54896-production-at-risk-from-rising-fertilizer-prices-ekathimerini-com
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The Gulf supplies a large share of global urea and nitrogen trade, so the disruption tightens supply and lifts fertilizer costs for farmers, with knock-on effects for crop prices.

## Read by commodity

- WTI: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-03-09 | [Fertilizer giant Yara slashes production in Europe :: WRAL.com](https://feedsoft.ai/events/42569-fertilizer-giant-yara-slashes-production-in-europe-wral-com.md) | -0.3% | +2.8% |
| UREA | 2025-11-03 | [China export controls emerge as factor in rising fertilizer prices - Nikkei Asia](https://feedsoft.ai/events/6226-china-export-controls-emerge-as-factor-in-rising-fertilizer-prices-nikkei-asia.md) | +2.3% | -5.2% |
| UREA | 2026-02-13 | [Fertilizer prices rise on supply chain issues](https://feedsoft.ai/events/20532-fertilizer-prices-rise-on-supply-chain-issues.md) | +0.1% | +31.0% |
| UREA | 2022-03-22 | [CRU comments on all-time high fertilizer prices \| World Fertilizer](https://feedsoft.ai/events/42212-cru-comments-on-all-time-high-fertilizer-prices-world-fertilizer.md) | +0.4% | -0.7% |
| UREA | 2022-05-31 | [Why fertiliser prices are soaring](https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring.md) | -8.8% | -13.2% |
| WTI | 2026-04-01 | [Fertilizer Prices Have ‘Significant’ Rise After Attack on Iran](https://feedsoft.ai/events/5105-fertilizer-prices-have-significant-rise-after-attack-on-iran.md) | -6.6% | +6.7% |
| WTI | 2020-06-08 | [Oil prices top $40 as OPEC+ extends production cuts \| Fox Business](https://feedsoft.ai/events/52796-oil-prices-top-40-as-opec-extends-production-cuts-fox-business.md) | -8.3% | +2.6% |
| WTI | 2026-02-28 | [What the Iran attack means for oil, fertilizer and ag commodities - Pro Farmer](https://feedsoft.ai/events/20635-what-the-iran-attack-means-for-oil-fertilizer-and-ag-commodities-pro-farmer.md) | +35.6% | +50.4% |

## Sources

- ekathimerini.com: https://www.ekathimerini.com/opinion/1298000/production-at-risk-from-rising-fertilizer-prices/

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