Tag: Mosaic

We compare and contrast the 2023 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

Sulphur plays an important role in crop nutrition. Indeed, sulphur is increasingly being recognised as the fourth major crop nutrient alongside N, P and K. However, a combination of intensive agricultural practices, increasing application of high-analysis fertilizers and tighter air quality regulations has led to increasing sulphur deficiency in soils. In this insight article, CRU’s Peter Harrisson looks at what’s driving sulphur deficiency and whether there’s a gap in the market for sulphur fertilizers.

Sulphur benchmarks firmed around the globe in April. Although availability remains ample, downstream production is expected to rise in the weeks ahead and further upside for prices is expected, at least in the short term. Prices increased the Middle East, Indonesia, India, Brazil, and the Mediterranean. The Middle East spot price was assessed up an average $3/t at $83-88/t f.o.b. The previous low end of the range was no longer considered achievable. The price has climbed 27% since mid-February this year. The benchmark is down 53% from early December 2022, but had climbed 47% from the end of July 2023 to its mid-October average of $110/t f.o.b. before declines set in once again. Chinese buyers returned to the international spot market in late April following weeks of inactivity, lifting c.fr prices.

Sulphur plays an important role in crop nutrition. Indeed, sulphur is increasingly being recognised as the fourth major crop nutrient alongside N, P and K. However, a combination of intensive agricultural practices, increasing application of high-analysis fertilizers and tighter air quality regulations has led to increasing sulphur deficiency in soils. In this insight article, CRU’s Peter Harrisson looks at what’s driving sulphur deficiency and whether there’s a gap in the market for sulphur fertilizers.

Prices in the West are unlikely to garner much support moving into the latter stages of Q2. The May Tampa ammonia settlement was settled by Yara and Mosaic at $450/t c.fr, down $25/t on the $475/t c.fr agreed for April. With seasonal domestic demand in the US drawing to a close 2H April, many had anticipated that either a rollover or a slight decline would be agreed.

Falling volumes of sulphur from refining and sour gas could turn Europe into a sulphur importer.

Paradeep Phosphates Limited (PPL) and Mangalore Chemicals & Fertilizers Limited (MCFL) have agreed to merge.

More than 900 delegates from 400 companies and 56 countries gathered at the Hilton Downtown Hotel, Miami, Florida, 5-7 February, for the 2024 Fertilizer Latino Americano (FLA) conference. The event was jointly convened by Argus and CRU. We present selected highlights from this year’s three-day conference.

We review potash mining and mineral processing methods. Advances in equipment technology and major project investments are highlighted.

Specialty fertilizer products represent a small volume, high value segment of the overall fertilizer market that’s been growing at around four percent per annum in recent years. Economic, environmental, regulatory and agronomic imperatives are driving up their adoption – and an overall shift from volume to value in the fertilizer market.