Market Brief

Russian Urea Producers Plan to Invest $5 Billion in Projects, an Industrial Info Market Brief

Low seasonal demand and high exports from China are reasons for an ongoing decline in global urea/carbamide prices. Despite this situation, Russian producers indicate they are optimistic regarding prices in 2020, and plan to invest $5 billion in new urea production projects.

Released Tuesday, December 03, 2019

Russian Urea Producers Plan to Invest $5 Billion in Projects, an Industrial Info Market Brief

Low seasonal demand and high exports from China are reasons for an ongoing decline in global urea/carbamide prices. Despite this situation, Russian producers indicate they are optimistic regarding prices in 2020, and plan to invest $5 billion in new urea production projects such as unit expansions and additions.

See the map below and click here for a list of projects.

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