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Global fertiliser prices have reached record levels, with urea rising quickly after Iran banned urea and ammonia exports and attacked regional plants. China has suspended superphosphate and DAP exports, and freight costs are pressuring potash suppliers.
Potash prices are falling in China but rising moderately in Brazil and the US.
Higher urea and phosphate costs raise production costs for grain and oilseed growers, which feeds through to feed-ingredient prices. Potash stays comparatively stable, so its price effect is smaller.
graintrade.com.ua24 mar 2026Tras 205 eventos alcista de geopolítica pasados, Urea se movió una mediana de +0,4 % en 5 sesiones (53% al alza; mitad central entre -2,1 % y +3,0 %), y -0,4 % en 20.
Tras 114 eventos alcista de geopolítica pasados, DAP se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -0,3 % y +1,2 %), y +0,3 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Record global fertilizer prices and China's suspension of DAP and superphosphate exports remove a major phosphate supplier from the export market, a supply shock that supports DAP prices.
Iran's ban on urea and ammonia exports and attacks on regional plants removed Gulf supply, which sustained the urea rally and could have fed further buying.
