Fertilizer prices today September 22, 2022: Nitrogen fertilizer production in Europe is falling by 400,000 to 500,000 tons

fertilizer prices today, September 22, 2022: European nitrogen fertilizer production is falling by 400,000 to 500,000 tons/month The European nitrogen Fertilizer market is exacerbating the price increase in North America as a series of factories cut production due to raw material shortages. According to analysis by Argus Media, the European Union’s nitrogen fertilizer production is falling by about 400,000 – 500,000 tons per month. It started with fertilizer plants in Poland ceasing operations and then spread across the region as major fertilizer companies such as Achema, Yara and Borealis simultaneously closed their plants. Fertilizers such as urea, ammonium nitrate, calcium ammonium nitrate and urea ammonium nitrate (UAN), if Europe was once a powerful producer, are no longer so. “Conservative estimates suggest that European plants will soon cut production, cutting their design capacity to less than half of what they are designed to produce, an unprecedented event,” said a report from Argus Insight. The fertilizer crisis continues to have a profound impact in Europe, with less than 30% of UAN production capacity expected to be operational by early autumn, despite cheaper US supplies replacing some of the lost volumes. Urea plants across Europe are currently operating at a quarter of their normal capacity. #fertilizer_price #farmers #western region #fertilizer_price #fertilizer #fertilizer #potassium_price #agriculture #fertilizer #agricultural materials #news #agriculture

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