The volatility in natural gas prices that resulted from the energy crisis in 2021 has been a major challenge for Europe's urea and ammonia producers. But by the start of 2024, European firms had recovered some ground and were able to compete with imports from countries where the cost of production is much lower.
To understand the factors behind movements in the European gas market and how they affect urea and ammonia producers, please download the Argus Insight Paper below.

Download the insight paper
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