# UAN prices continue to surge: Part 2 | World Fertilizer

> CRU analysis finds UAN prices have risen substantially in recent months. Chinese exports remain subdued because Chinese production costs are high and the export netback would need to be about $280/t FOB. Market sources stay bullish, though an easing in supply could cap gains.

- Date: 2018-11-05 · published 2018-11-05T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/62007-uan-prices-continue-to-surge-part-2-world-fertilizer
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

With China unlikely to export UAN soon, global nitrogen supply stays tight and supports urea and nitrogen prices. Buyers should expect firm nitrogen costs for the coming season.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-01-04 | [The DEF Shortage – As Prices Rise, Supply Challenges Continue - Mansfield Energy](https://feedsoft.ai/events/4588-the-def-shortage-as-prices-rise-supply-challenges-continue-mansfield-energy.md) | +9.1% | +34.7% |
| NATGAS | 2022-01-28 | [Natural Gas Prices Surge Higher on LNG Flows](https://feedsoft.ai/events/6917-natural-gas-prices-surge-higher-on-lng-flows.md) | +1.4% | -13.6% |
| NATGAS | 2017-07-27 | [Strong export demand to support US natural gas prices \| Capital Economics](https://feedsoft.ai/events/70136-strong-export-demand-to-support-us-natural-gas-prices-capital-economics.md) | -4.0% | +0.4% |
| NATGAS | 2025-03-20 | [High U.S. LNG Feed Gas Demand Continues to Tighten Henry Hub Outlook — The Offtake](https://feedsoft.ai/events/25769-high-u-s-lng-feed-gas-demand-continues-to-tighten-henry-hub-outlook-the-offtake.md) | -8.8% | -23.2% |
| NATGAS | 2017-11-03 | [LNG Prices Climbing As China Scrambles To Secure Supply \| OilPrice.com](https://feedsoft.ai/events/68164-lng-prices-climbing-as-china-scrambles-to-secure-supply-oilprice-com.md) | +13.7% | +8.5% |
| UREA | 2024-09-27 | [Urea prices continue to firm.](https://feedsoft.ai/events/5248-urea-prices-continue-to-firm.md) | +5.8% | +4.8% |
| UREA | 2025-10-17 | [Indonesian gran urea sold to Philippines \| World Fertilizer](https://feedsoft.ai/events/22729-indonesian-gran-urea-sold-to-philippines-world-fertilizer.md) | -0.5% | +2.2% |
| UREA | 2025-04-30 | [US Urea Prices Surge to Highest Level Since 2022 - Genesis Fertilizers](https://feedsoft.ai/events/4273-us-urea-prices-surge-to-highest-level-since-2022-genesis-fertilizers.md) | +17.4% | +7.7% |

## Sources

- worldfertilizer.com: https://worldfertilizer.com/special-reports/05112018/uan-prices-continue-to-surge-part-2/
- worldfertilizer.com: https://www.worldfertilizer.com/special-reports/05112018/uan-prices-continue-to-surge/
- worldfertilizer.com: https://www.worldfertilizer.com/special-reports/05112018/uan-prices-continue-to-surge-part-2/

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