# What is driving the rise in CAN price?  -  Premium

> Irish agri merchants are quoting CAN at €250-270/t for big bags, up about €50-60/t from summer lows. European CAN producers have gained confidence on international urea tightness and exported about 300,000t of nitrogen to South America.

- Date: 2018-01-31 · published 2018-01-31T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/67291-what-is-driving-the-rise-in-can-price-premium
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Tighter European nitrogen supply and rising CAN prices raise fertilizer costs for farmers buying for the 2018 season, supporting the nitrogen price complex.

## Read by commodity

- UREA: bullish ▲

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/agribusiness/companies/what-is-driving-the-rise-in-can-price-342753

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