FI Sentiment Survey Results February 2025
Click here to access the February 2025 FI sentiment survey results.
Click here to access the February 2025 FI sentiment survey results.
Metso Corporation’s press release on January 5, 2025, at 09:00 a.m. EET Metso and Ideal Development for Manufacturing Industries (IDMI) have signed a 2-year life-cycle contract covering a new phosphate beneficiation plant at the Eshidiya Mine, south of Jordan. Metso will support the customer in commissioning, ramping up and optimizing the new greenfield site, covering […]
CRU recently relaunched its Fertilizer International and BCInsight Platform. This relaunch coincided with the Fertilizer Latino Americano (FLA) conference in Rio de Janeiro, where we issued our inaugural sentiment survey for delegates. This insight presents and analyses the survey results, which point towards an optimistic tone for 2025 markets in Brazil and beyond. Prices are […]
Although China remains the world’s largest phosphate producer, it has been overtaken as the largest exporter by Morocco in recent years as domestic producers face continuing restrictions on exports.
Ammonia markets saw a slow start to 2025, with further transparency needed on both sides of the Suez to determine the extent to which prices are expected to fall through January amid healthy supply and only limited pockets of demand.
As a tumultuous 2024 draws to a close, CRU’s fertilizer team to make a few predictions for the year ahead.
Dr Karl Wyant of Nutrien outlines how the phosphorus and potassium removed during soybean/corn rotations are best replenished.
India’s phosphate production is using increasing volumes of sulphuric acid, but new domestic smelter and sulphur burning acid capacity may mean reduced imports in future.
OCP’s recent award of a contract to Worley Chemetics for three new greenfield sulphuric acid plants has confirmed the phosphate giant’s plans for its new Mzinda Phosphate Hub in Morocco, one of the largest investments in new phosphate capacity anywhere in the world over the next few years. It is part of a number of new investments under way in Morocco as OCP continues to expand its already considerable phosphate facilities. Three new fertilizer lines came onstream at Jorf Lasfar in 2023 and 2024, each with a capacity of 1 million t/a of diammonium phosphate (DAP). The Mzinda mega-project will add another 4 million t/a of triple superphosphate (TSP) capacity by around 2028-29, and will relieve some of the issues that OCP has in importing ammonia for DAP production, as TSP only requires phosphate rock and phosphoric acid. There is also an additional 1 million t/a of TSP capacity under construction at Jorf Lasfar, which is expected to be completed next year, and OCP also announced last year that it would build an integrated purified phosphoric acid (PPA) plant at Jorf Lasfar. The first phase of the project consists of 200,000 t/a of P2 O5 pretreated phosphoric acid capacity, 100,000 t/a (P2 O5 ) of PPA capacity, and 100,000 t/a of technical MAP (tMAP) capacity. The site will also be home to downstream production of phosphate salts and lithium iron phosphate (LFP) capacities. The initial plants will be delivered starting in mid-2026, carrying through into 2029, constructed in conjunction with JESA, a joint venture between OCP and Worley.
China’s acid production continues to grow as new smelters come on-stream. But high domestic demand from phosphate production as export restrictions are lifted and a shortage of copper concentrate may limit the potential for acid exports.