CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Fertiliser maker Yara expects surging gas costs over next two quarters

By Reuters News

Oct 22 (Reuters) - Norwegian fertiliser maker Yara YAR.OL said on Thursday it expected gas costs to surge between October and March, after high prices of the key raw material caused its adjusted core profit to miss market expectations in the third quarter.

The company expects natural gas costs to be $450 million higher in the fourth quarter of 2026 and $445 million higher in the first quarter of 2027 than in the same periods a year earlier.

Natural gas is a key ingredient in fertiliser production, meaning price swings can have a significant impact on production costs and prices paid by farmers.

Yara reported adjusted earnings before interest, taxes, depreciation and amortization of $675 million for the third quarter, around 10% below analysts' expectations according to a company-compiled consensus.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk