# In the Face of Strong Upstream Values, Urea Retained its Previous Trend

> ChemAnalyst reports that urea prices have climbed steadily since Q1 2022, driven by high natural gas costs and supply constraints. Ammonia feedstock tightness from Ukraine plant closures and firm Kharif season offtake supported values. Urea in China was assessed at $522/t fob Qingdao in mid-April.

- Date: 2022-04-27 · published 2022-04-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/6214-in-the-face-of-strong-upstream-values-urea-retained-its-previous-trend
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher natural gas and ammonia costs lift urea production costs and support nitrogen fertilizer prices, raising input costs for feed grain producers.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/in-the-face-of-strong-upstream-values-urea-retained-its-previous-trend-9713

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