Commodity
29 September 2026
Written by Simon Inglethorpe
Neptune Bulk Terminals, Port of Vancouver, Canada. PHOTO: CANPOTEX
Canadian potash export consortium Canpotex has launched a CAD 500 million ($350 million) modernisation project at Neptune Bulk Terminals in the Port of Vancouver.
The bank is forecasting an encouraging 5% year-on-year increase in fertilizer deliveries next year. But a shortfall in nitrogen fertilizers ahead of the safrinha season remains a concern.
The Middle Eastern potash producer is establishing a new large-scale storage and handling hub in Antwerp with the help of Euroports.
An official ceremony marking the start of construction was held on 5th November. It was attended by the country’s president, the CEO of thyssenkrupp Uhde and the chairman of Çalık Holding.
The fertilizer market will remain bullish in 2027 amid increased demand and supply constraints due to geopolitical factors, continuing a trend seen this year, Mosaic said.
The second-largest of Mosaic’s three US phosphate rock mines is being temporarily shut due to the current sulphur supply and affordability crisis.