# August nitrogen fertilizer values hit 3 year high, up 33% year on year amid Chinese export decline

> Profercy's World Nitrogen Index ended August at 141.01 points, its highest since July 2015, with August's average 33% above August 2017. Granular urea for October shipment sold above $300/t FOB in the Arab Gulf, and Brazil saw sales above $310/t CFR. Chinese nitrogen exports are falling sharply from 4.7 million t in 2017.

- Date: 2018-08-31 · published 2018-08-31T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/63484-august-nitrogen-fertilizer-values-hit-3-year-high-up-33-year-on-year-amid
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Shrinking Chinese export supply is tightening global urea markets while seasonal demand builds, supporting higher nitrogen input costs for feed grain production and pointing to firm urea prices.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-10-25 | [U.S. nitrogen exports jump as Europe scrambles for fertilizer](https://feedsoft.ai/events/10124-u-s-nitrogen-exports-jump-as-europe-scrambles-for-fertilizer.md) | -10.5% | -11.8% |
| UREA | 2023-09-08 | [India fertilizer industry on ‘wait and watch’ mode after China bans urea export - The HinduBusinessLine](https://feedsoft.ai/events/34434-india-fertilizer-industry-on-wait-and-watch-mode-after-china-bans-urea-export.md) | -0.6% | -4.9% |
| UREA | 2025-04-16 | [Nitrogen prices soar on reduced Chinese exports \| The Western Producer](https://feedsoft.ai/events/25020-nitrogen-prices-soar-on-reduced-chinese-exports-the-western-producer.md) | +1.4% | +18.5% |
| UREA | 2025-05-27 | [Fertiliser Markets Uncertain as Chinese Exports Near, EU Sanctions Loom \| CZ app](https://feedsoft.ai/events/24588-fertiliser-markets-uncertain-as-chinese-exports-near-eu-sanctions-loom-cz-app.md) | -21.0% | -16.3% |
| UREA | 2022-09-13 | [UN: Food exports from Ukraine are up, Russia fertilizer down \| AP News](https://feedsoft.ai/events/14454-un-food-exports-from-ukraine-are-up-russia-fertilizer-down-ap-news.md) | +2.3% | -4.2% |

## Sources

- profercy.com: https://www.profercy.com/insights/august-nitrogen-fertilizer-values-hit-3-year-high

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