# Analyst: Global Nitrogen Market Could Tighten

> Integer Research analyst Alistair Wallace told a Florida fertilizer conference that the global nitrogen market could face a deficit within two to three years before new capacity arrives. He said urea demand is forecast to grow about 1.5% annually through 2023, while Chinese plant idling and US sanctions on Iran could tighten supply.

- Date: 2018-12-06 · published 2018-12-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/61856-analyst-global-nitrogen-market-could-tighten
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expected tightening of nitrogen supply would support urea prices over the medium term, raising input costs for corn and other feed grain producers.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-12-14 | [Nitrogen fertilizer prices at mercy of global issues \| The Western Producer](https://feedsoft.ai/events/38179-nitrogen-fertilizer-prices-at-mercy-of-global-issues-the-western-producer.md) | +0.6% | -12.4% |
| UREA | 2021-10-19 | [Nitrogen prices erupt due to ‘perfect storm’ of global forces \| Capital Press](https://feedsoft.ai/events/44878-nitrogen-prices-erupt-due-to-perfect-storm-of-global-forces-capital-press.md) | -2.5% | +10.5% |
| UREA | 2021-11-04 | [Nitrogen fertilizer shortage threatens to cut global crop yields -CF Industries \| Reuters](https://feedsoft.ai/events/44339-nitrogen-fertilizer-shortage-threatens-to-cut-global-crop-yields-cf-industries.md) | +5.0% | +2.1% |
| UREA | 2022-10-26 | [Tightening nitrogen fertilizer supplies raise alarm \| The Western Producer](https://feedsoft.ai/events/10125-tightening-nitrogen-fertilizer-supplies-raise-alarm-the-western-producer.md) | -11.7% | -11.8% |
| UREA | 2021-10-05 | [Profercy’s World Nitrogen Index makes biggest ever increase to hit all time high](https://feedsoft.ai/events/5908-profercy-s-world-nitrogen-index-makes-biggest-ever-increase-to-hit-all-time-high.md) | +6.2% | +11.5% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2018/12/06/analyst-global-nitrogen-market-3

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