Mosaic trims phosphate runs as sulphur spikes

Mosaic has withdrawn its 2026 phosphate production guidance and is cutting rates at key US and Brazilian plants as record sulphur prices compress stripping margins in an already tight phosphate market. The company said it is “closely monitoring raw material markets, particularly sulphur, which recently hit record prices because of limited availability,” and has pulled its phosphate outlook for 2026 while it reviews its operating plan “for the rest of the year”.

Where output is being cut