# Farming News - High levels of Chinese and US Nitrogen capacity drive down prices

> Fertecon forecasts that nitrogen prices will fall because of added US capacity and China's new low-growth policy. It expects US nitrogen imports to decline and says value-added phosphate products will grow faster than conventional fertilizers.

- Date: 2017-10-24 · published 2017-10-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68388-farming-news-high-levels-of-chinese-and-us-nitrogen-capacity-drive-down-prices
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Growing US and Chinese capacity is expected to push nitrogen prices lower and reduce US import demand. This outlook is bearish for urea costs in the medium term.

## Read by commodity

- UREA: bearish ▼

## Sources

- farming.co.uk: https://www.farming.co.uk/news/High-levels-of-Chinese-and-US-Nitrogen-capacity-drive-down-prices-

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