Tag: Potash

Price trends and market outlook, 7th May 2026.

Mosaic has withdrawn its 2026 phosphate production guidance and is cutting rates at key US and Brazilian plants as record sulphur prices compress stripping margins in an already tight phosphate market.

Karl Wyant, Nutrien's Director of Agronomy, discusses practical ways for improving potassium uptake by crops.

We report on selected keynote and commercial presentations from CRU’s 2026 Phosphates+Potash Expoconference.

CRU’s Phosphates+Potash Expoconference was held in Paris in mid-April, with the Iran crisis uppermost in everyone’s mind. Margins are under pressure, sulphur has become a strategic constraint, and the phosphates investment pipeline is thin. CRU Principal Consultant Humphrey Knight examined the fallout from the closure of the Strait of Hormuz, noting that fertilizers have been hit harder than most bulk commodities. A large share of exportable sulphur and traded urea normally originates in, or passes through, Gulf producers. The effective closure of the strait has squeezed the traded part of these markets, where international prices are set, and pushed benchmarks up sharply. The global phosphate market is structurally tight, and the combination of Chinese export policy and Middle East logistics has pushed the traded segment into a much more fragile state.

Dangote Group has lifted planned investment in its Ethiopian fertiliser project to more than $4 billion, adding NPK capacity and key infrastructure to a urea complex first costed at about $2.5 billion under a 2025 deal with Ethiopia’s sovereign wealth fund.

Millennial Potash has kicked off a four‑hole Phase 3 drill programme at its Banio project in Gabon, targeting resource growth to feed a definitive feasibility study due by end‑2026.

Brazil Potash has secured the installation licence for its Autazes potash mine in Amazonas state, clearing the way for construction of a 2.4 million t/y project aimed at cutting Brazil’s heavy reliance on imported MOP.

Price trends and market outlook, 26th February 2026. (Important note: this Market Insight was published two days before the start of the latest Middle East conflict.)

CRU’s Alexander Chreky, provides a potash market overview ahead of CRU's Phosphates+Potash Expoconference in Paris in April.