
De-commoditisation, easy for you to say
The fertilizer market remains a commodity market. The three major nutrients N, P and K, more often than not, are supplied through four main products: urea, diammonium phosphate, monoammonium phosphate (DAP and MAP) and potassium chloride (MOP). Combined world consumption of these long-standing, globally-traded commodities is north of 300 million tonnes annually.