Fertilizers
Overview
The fertilizer industry has seen dramatic changes in market dynamics, with challenges posed by policy and regulatory changes, political instability, conflicts and new macroeconomic realities. The drive towards energy transition and ambitious zero-carbon goals has also opened up the industry to new entrants and new opportunities.
It is more vital than ever for market participants to have the full picture – to capitalise on the opportunities and manage the risk of the challenges.
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Latest fertilizer news
Browse the latest market moving news on the global fertilizer industry.
Brazil Potash, Keytrade sign potash offtake deal
Brazil Potash, Keytrade sign potash offtake deal
London, 16 January (Argus) — Brazilian fertilizer company Potassio do Brasil, a wholly owned subsidiary of Canada-based Brazil Potash, has signed a memorandum of understanding with Swiss trading firm Keytrade to supply up to 1mn t/yr of potash from its Potassio Autazes project in Amazonas. Potassio do Brasil already has an existing offtake agreement with Brazilian agricultural firm Amaggi for about 500,000 t/yr. The Potassio Autazes project has a planned capacity of 2.4mn t/yr and began construction in September. It is expected to start operating in 2029. Potash from this project will be destined for the domestic market. Brazil currently imports about 96pc of its potash needs. By Julia Campbell Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
India's domestic urea sales remain strong in 1H January
India's domestic urea sales remain strong in 1H January
Amsterdam, 16 January (Argus) — Indian urea sales likely hit 2.3mn-2.4mn t in the first half of this month, with domestic offtake remaining strong after record-high sales in December 2024. Sales to end-users were over 2.3mn t in the first half of January, latest provisional data show, indicating offtake for the month may exceed 4.5mn t. Urea sales were 3.54mn t in January 2024. Production is on track to reach around 2.5mn t this month, while urea inventories have slipped to around 5.5mn t as of 16 January, the data show. Stocks started the year at around 6.1mn t. International urea prices have surged in recent weeks, eclipsing levels in 2024, largely driven up by sustained import demand from India because of its strong domestic appetite. Sales likely hit a fresh record-high for an individual month at 5.2mn t in December . Market participants are keenly awaiting the results from Indian importer and supplier RCF's urea purchase tender, which closes on 23 January . By Harry Minihan Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Nutrient affordability remains weak into 2025
Nutrient affordability remains weak into 2025
London, 13 January (Argus) — Global fertilizer affordability is still weak into 2025 as high fertilizer prices — mainly for urea — continue to weigh on farmer affordability. Nutrient affordability fell to 0.94 points in the first week of January, unable to recover from a declining trend that started in October 2024. An affordability index — comprised of a fertilizer and a crop index — above one indicates that fertilizers are more affordable, compared with the base year, which was set in 2004. An index below one indicates lower nutrient affordability. The fertilizer index — which includes global prices for urea, DAP and potash, adjusted by global usage — reached the highest value since October, driven by firmer urea prices, which weighs heavily on the fertilizer index owing to the relatively higher global usage when compared with DAP and potash fertilizers. Prices for urea climbed to levels last seen in late 2023, with activity ramping up across the globe. Prices appear well supported through the month with India entering the market over the weekend, seeking 1.5mn t of urea for loading by early March. A slight increase in the crop index owing to a rise in the first week of January for corn and soybeans was unable to offset higher fertilizer prices as the new year started. Crop prices for corn and soybeans, which represent 52pc of global consumption for key crops, also rose into early January following lower production estimates made by the US Department of Agriculture (USDA) for the upcoming crop campaign in the US. The USDA revised earlier estimates made for the 2024-25 corn and soybeans crop by 1.8pc and 2pc, respectively. By Lili Minton and Harry Minihan Global fertilizer affordability Index Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
Submissions in under EABC’s DAP buy-tender: Update
Submissions in under EABC’s DAP buy-tender: Update
Updates ETG's offer for lot 6 and details on Bio Green's offer for lot 6 London, 9 January (Argus) — Six trading firms submitted prices ranging from $600-639/t fob in response to Ethiopian Agricultural Businesses (EABC)'s counterbids under its 23 December tender to buy DAP. ETG, Samsung, Montage Oil, Promising International, Bio Green and Aditya Birla offered nine DAP cargoes from Saudi Arabia, Jordan, Russia and Egypt. The cargoes will likely be 50,000-60,000t. EABC has not awarded any of these latest offers yet. Argus understands that Bio Green offered Kazakh DAP, but its offer has been cancelled. EABC had initially received offers for 13 DAP cargoes from Saudi Arabia, Egypt, Jordan and China at prices ranging $639-705/t fob under the tender. It then countered , requesting revised offers at $639/t fob or below. The importer awarded lot 4 — laycan 9-15 February — to trading firm Midgulf International at $639/t fob, quoted as Jordanian product. But supplier backing for this cargo has yet to be confirmed. By Tom Hampson Submissions to EABC 23 December DAP buy tender Lot number Offering party Origin Loading port Laycan Price 1 ETG Saudi Arabia Ras Al-Khair 16-22/1/2025 $639/t fob 2 Samsung Jordan Aqaba 25-30/1/2025 $638.75/t fob 2 Montage Oil Russia Ust-Luga 25-30/1/2025 $630/t fob 5 Montage Oil Russia Ust-Luga 10-15/2/2025 $630/t fob 5 Promising International Egypt Adabiya 10-15/2/2025 $639/t fob 6 Promising International Egypt Adabiya 21-25/2/2025 $639/t fob 6 Bio Green Kazakhstan Jebel Ali 21-25/2/2025 $600/t fob 6 Aditya Birla Jordan Aqaba 21-25/2/2025 $639/t fob TBC ETG Saudi Arabia Ras Al-Khair March $639/t fob Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.
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Related events
Argus Fertilizer Africa Conference
Argus Fertilizer Africa Conference
Argus Agriculture & Feedstocks Conference
Argus Agriculture & Feedstocks Conference
Argus Fertilizer Asia Conference
Argus Fertilizer Asia Conference
