# Urea boosted by high upgrading margins, Argus Media report | World Fertilizer

> Argus Media reports that weak ammonia prices have lifted urea upgrading margins to their highest since 2012, averaging about US$100/t since late 2017. Several Russian producers are adding urea capacity to convert ammonia that would otherwise be sold on the open market.

- Date: 2019-06-06 · published 2019-06-06T12:00:00.000Z
- Category: market · region Russia · magnitude low
- Page: https://feedsoft.ai/events/58520-urea-boosted-by-high-upgrading-margins-argus-media-report-world-fertilizer
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Wider margins encourage new urea capacity, which over time adds supply and pressures nitrogen prices. Lower ammonia costs also support urea producers' profitability.

## Read by commodity

- UREA: bearish ▼

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/nitrogen/06062019/urea-boosted-by-high-upgrading-margins-argus-media-report/

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