2023: the phosphates year in review
With phosphate supply concerns persisting as 2023 draws to a close, CRU’s Senior Analyst Logan Collins looks back at what’s been a dynamic year for the global phosphate market.
With phosphate supply concerns persisting as 2023 draws to a close, CRU’s Senior Analyst Logan Collins looks back at what’s been a dynamic year for the global phosphate market.
Urea: December began on a positive note with a flurry of Egyptian urea sales and firmer prices for delivery to Brazil. The increase in values was short lived, however, and piecemeal demand in Europe was insufficient to halt the downward trend. By mid-December, buying interest from Brazil had fizzled out, although sellers breathed a sigh of relief when India’s NFL floated a new import tender on 21st December.
CRU Events will convene the 2024 Phosphates International Conference & Exhibition in Warsaw at the Hilton Warsaw City Hotel, 26-28 February.
More than 700 delegates from 300 companies and 55 countries gathered at the EPIC SANA Lisboa Hotel, Lisbon, Portugal, 17-19 October 2023, for the Argus Fertilizer Europe 2023 conference.
Fertilizer International presents a global round-up of phosphate rock, phosphoric acid and finished phosphates projects.
Brazil is a powerhouse agricultural economy, ranking as a top three global exporter of soybeans, corn and sugar. It is also the world’s number one producer and exporter of oranges and orange juice – as highlighted in our current issue (p18).
Low demand, high gas prices and cheaper Russian imports of urea and ammonia are keeping a lid on European fertiliser production, prompting fears of permanent plant closures. ICIS’s Deepika Thapliyal, Sylvia Tranganida, and Aura Sabadus examine the challenges faced by the sector and the potential long-term impacts on the European fertilizer industry.
Fertilizer International presents a global round-up of current potash projects.
We report on fertilizer production, consumption and pricing in the US market. The country’s fertilizer industry, ranked fourth globally in terms of total production capacity, has grown and developed alongside its increasingly sophisticated domestic agricultural sector.
Citrus fruit growers are an attractive end-market for fertilizer suppliers due to the high K and N requirement of this widely-cultivated cash crop and the efficacy of fertigation and foliar spraying. We examine the nutrient needs of citrus trees and how balanced application of fertilizers helps maximise citrus fruit quality and yield.