Magazine: 512 Jan-Feb 2023

We look ahead at fertilizer industry prospects for the next 12 months, including the key economic and agricultural drivers likely to shape the market during 2023.

More than 650 delegates from 326 companies and 56 countries gathered at the Hotel RIU Plaza España, Madrid, Spain, 17-19 October 2022, for the Argus Fertilizer Europe 2022 conference.

Advances in technology, equipment and reagents are enhancing phosphate fertilizer production. Optimisation of standard equipment is also vital for ensuring process efficiency.

After two turbulent years, could the fertilizer market finally start to stabilise in 2023? Well, that’s what Dutch agricultural finance house Rabobank is predicting…

Håkon Reistad Fure stepped down from Yara International’s board of directors in mid-November due to new professional commitments, the company has announced.

Turkey’s thriving agricultural sector has created a large and dynamic fertilizer market at the crossroads of Europe and Asia, explains Hakan Goral, the CEO of Tekfen Agri Industry Group.

CRU Events will convene the 2023 Phosphates International Conference & Exhibition in Istanbul at the Hilton Bomonti Hotel, 27 February to 1 March.

Market Insight courtesy of Argus Media. Urea: The market remained weak at the start of the year with urea prices falling as producers fought for liquidity. Egyptian product fell by $40/t to $495/t f.o.b. in a matter of days, while f.o.b. prices in the Middle East and southeast Asia similarly fell to around $440/t. Urea prices in many end-user markets also slumped: US prices fell over the course of the first week of January by $30/t, Brazil by $15/t and many European markets by around $20/t.

Yara International is to supply fossil-free fertilizers to El Parque Papas, Argentina’s largest potato grower, in 2023.

Fertilizer International presents a global round-up of phosphate rock, phosphoric acid and finished phosphates projects.