# Nitrogen producers optimistic on long term price advance

> Nitrogen producers are optimistic about long-term urea prices, citing US sanctions on Iran, reduced Brazilian output after plant closures, and limited Chinese exports estimated at 2 to 2.5 million tonnes in 2019. Analysts caution that Brazil's import demand may be overstated.

- Date: 2019-03-04 · published 2019-03-04T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/60029-nitrogen-producers-optimistic-on-long-term-price-advance
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tighter supply from sanctioned Iran, Brazilian plant closures and restricted Chinese exports supports a firmer urea market, which raises input costs for feed and livestock producers.

## Read by commodity

- UREA: bullish ▲

## Sources

- profercy.com: https://www.profercy.com/insights/nitrogen-producers-optimistic-on-long-term-price-advance
- profercy.com: https://www.profercy.com/nitrogen-producers-optimistic-on-long-term-price-advance/

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