# Russian Urea Producers Plan to Invest $5 Billion in Projects, an ...

> Russian urea producers plan to invest $5 billion in new urea production projects, including unit expansions and additions. The announcement comes as global urea prices continue to decline amid low seasonal demand and high Chinese exports.

- Date: 2019-11-23 · published 2019-11-23T12:00:00.000Z
- Category: market · region Russia · magnitude low
- Page: https://feedsoft.ai/events/56378-russian-urea-producers-plan-to-invest-5-billion-in-projects-an
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Planned Russian capacity additions point to more future urea supply, which could cap any price recovery in the nitrogen market. Ongoing Chinese export volumes keep downward pressure on prices near term.

## Read by commodity

- UREA: bearish ▼

## Sources

- industrialinfo.com: https://www.industrialinfo.com/news/article/russian-urea-producers-plan-to-invest-5-billion-in-projects-an-industrial-info-market-brief--279017

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