Tag: Mosaic

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.

The global potash market has endured a tumultuous 18 months, says Andy Hemphill, senior editor for potash and sulphuric acid at ICIS Fertilizers. Export sanctions, high offer prices and buyer unrest persist as we enter 2023.

Last year saw global trade in all commodities have to take into account the potential loss of supply from Russia, a key exporter of many commodities. Sulphur was no exception, with prices swinging wildly across the year.

Ammonia prices registered another week of losses at the start of January, with supply options continuing to outweigh demand in most regions. Prices have been falling steadily for the past twelve weeks, as the market rebalances after production curtailments across Europe for much of 2022. Steady falls in gas pricing over the past few weeks have put production costs firmly below today’s import price, with European production now scheduled to ramp up at many plants this month.

CRU has appointed Mark Jeavons as the head of its CRU Sustainability division. He will be based out of London with a global remit.

An eclectic mix of delegates from established fertilizer companies and technology start-ups gathered in Dallas, Texas in September for CRU’s inaugural AgriTech Forum. We report on the highlights of this lively networking event.

T he high-price environment for fertilizers and other commodities, including natural gas, is having very different consequences globally.

Some 1,160 delegates from 475 companies and 76 countries gathered in Vienna, Austria, for the 89th International Fertilizer Association (IFA) Annual Conference, 30 May – 1 June 2022. We report on the main highlights of this three-day flagship event.