Tag: Trade

The US and Israel attacks on Iran and the Iranian response have thrown commodity markets into chaos, with sulphur and sulphuric acid particularly affected.

• Market sentiment has shifted decisively from bearish to bullish as the conflict in the Middle East has triggers a significant price rally.

Conflict in the Middle East has halted all vessel traffic through the Strait of Hormuz, effectively paralysing a region that accounts for 48% of global seaborne sulphur trade. As a result, the sulphur spot market has ground to a halt, with prices notionally holding unchanged in the $490-515/t f.o.b. range simply due to a lack of activity. No spot offers were reported out of the Middle East.

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.

CRU's Arina Syrdybayeva looks at the dynamics of the high growth ammonium sulphate market.

Selected highlights from this year's three-day conference.

The current block to shipping through the Strait of Hormuz places global fertilizer supply chains at risk, warns the International Fertilizer Association (IFA).

Corn grower groups are pressing the US Justice Department for an update on its fertilizer market probe.

Fertilizer Latino Americano (FLA) conference report.