# Urea Production Costs and Gas in 2026: Which Producers Still Make Money?

> The article compares 2026 urea production economics across regions, citing low US gas costs and stronger CF Industries earnings, while higher European gas costs have left an estimated 37% of European ammonia capacity offline or operating at reduced rates. It also reports lower Yara earnings amid rising gas costs and a 62.48% year-on-year fall in SABIC Agri-Nutrients’ third-quarter net profit.

- Date: 2026-11-10 · published 2026-11-11T03:11:58.135Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/92830-urea-production-costs-and-gas-in-2026-which-producers-still-make-money
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

High gas costs can curb nitrogen production in Europe and other exposed regions, tightening supply and supporting urea prices, while low-cost producers may remain competitive. Shipping difficulties for Gulf producers can further limit export availability and keep delivered prices firm.

## Read by commodity

- UREA: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-02-21 | [Friday’s Insider: Urea and gas prices — market in transition — Fertilizer Daily](https://feedsoft.ai/events/26365-friday-s-insider-urea-and-gas-prices-market-in-transition-fertilizer-daily.md) | -0.5% | -4.7% |
| UREA | 2024-07-16 | [Egyptian urea producers halt output on renewed gas supply disruption](https://feedsoft.ai/events/29604-egyptian-urea-producers-halt-output-on-renewed-gas-supply-disruption.md) | +0.8% | +4.6% |
| UREA | 2025-12-04 | [Weak rupee may raise fertiliser import, production costs and subsidy load \| Industry News - Business Standard](https://feedsoft.ai/events/5187-weak-rupee-may-raise-fertiliser-import-production-costs-and-subsidy-load.md) | -0.5% | +8.9% |
| UREA | 2021-09-17 | [Urea values surge in the west, supply tightens further as producers shutter and cutback output](https://feedsoft.ai/events/45385-urea-values-surge-in-the-west-supply-tightens-further-as-producers-shutter-and.md) | -0.1% | +39.4% |
| UREA | 2021-09-22 | [Nitrogen prices soar as high gas prices shut down production - Farmers Weekly](https://feedsoft.ai/events/45383-nitrogen-prices-soar-as-high-gas-prices-shut-down-production-farmers-weekly.md) | +2.2% | +39.6% |
| NATGAS | 2021-09-17 | [Urea values surge in the west, supply tightens further as producers shutter and cutback output](https://feedsoft.ai/events/45385-urea-values-surge-in-the-west-supply-tightens-further-as-producers-shutter-and.md) | -8.6% | +6.9% |
| NATGAS | 2021-09-22 | [Nitrogen prices soar as high gas prices shut down production - Farmers Weekly](https://feedsoft.ai/events/45383-nitrogen-prices-soar-as-high-gas-prices-shut-down-production-farmers-weekly.md) | +20.7% | +1.3% |
| NATGAS | 2017-04-01 | [Gas prices will rise and there's not much we can do to stop it](https://feedsoft.ai/events/72174-gas-prices-will-rise-and-there-s-not-much-we-can-do-to-stop-it.md) | +2.7% | +2.5% |

## Sources

- alupetra.com: https://www.alupetra.com/insights/urea-production-cost-gas-producer-profits-2026.html

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