Tag: Trade

President Donald Trump has waived additional tariffs on Russian imports and secondary duties on countries purchasing Russian energy.

The second-largest of Mosaic’s three US phosphate rock mines is being temporarily shut due to the current sulphur supply and affordability crisis.

The sulphuric acid market is seeing a contraction due to lack of sulphur availability, demand destruction in the phosphate sector and restricted Chinese exports.

Viviana Alavardo, CRU Sulphur and Sulphuric Acid Analyst, examines how China's 2026 sulphuric acid export suspension removed an estimated 2.8 million tonnes from trade, deepening sulphur shortages. Prices have eased since May but remain historically high amid limited replacement supply.

The August deadline for talks between the US and Iran came and went, as expected, with no resolution to the conflict. At time of writing, both sides were exchanging tit for tat attacks on ships in the Strait of Hormuz, with Iran claiming that it would be instituting a new ‘exclusion zone’, and no sign of a diplomatic resolution in sight. With the flow of ammonia, urea and other commodities like oil, LNG and sulphur from the Gulf still slowed to a trickle, the summer of high prices and demand destruction looks set to extend well into autumn at least.

Price trends and market outlook, 20th August 2026.

Average phosphate rock grades globally have been on the slide since the 1970s. CRU’s Maria Gamboa looks at the most recent trends in rock grade and the cost implications for phosphate fertilizer production.

Trinidad and Tobago's ammonia, urea and urea ammonium nitrate (UAN) exports to the United States will attract 0% duty under a set of product exemptions published alongside the final action in the US Trade Representative's Section 301 forced-labour investigation.

Koch Ag & Energy Solutions is buying a 50% share in Jorf Fertilizers Company I (JFC I) as part of a second joint venture with OCP Nutricrops.

The Ukraine war and associated tariffs and the EU’s carbon pricing system are keeping ammonium nitrate prices high.