Urea producers halt operations amid LNG supply disruptions
pre-market1 source ↓written by the desknot a recommendation
- of the industry's
- 70%
Several urea manufacturers in India, including Indian Farmers Fertiliser Cooperative Ltd., have shut down plants or expedited maintenance due to halted Qatari LNG supplies, essential for production. Currently, gas supplies meet only 70% of the industry's needs. A prolonged disruption could lead to increased global urea prices as India may need to boost imports.
Not investment advice. For informational purposes only.