Strait of Hormuz Closure Nears 10-Week Mark, Keeping Fertilizer Markets Tight Worldwide

After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.

• Jul 8, 2025Closure of Strait of Hormuz: A Looming Threat to Already High Fertilizer Costs - AgWeb+2.0%
• Oct 25, 2026Fertilizer’s Next Big Problem? It Goes Beyond the Strait of Hormuz-0.1%
• Jul 14, 2026The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb+1.6%
• Apr 7, 2026ICIS provides insight into impacts of US-Iran war on fertilizer markets | World Fertilizer0.0%
• Feb 20, 2023World’s fertilizer market in turmoil+1.8%

After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.

• Sep 18, 2026How are fertilizer markets coping with the continued closure of the Strait of Hormuz? | CGIAR System+0.3%
• Jul 8, 2025Closure of Strait of Hormuz: A Looming Threat to Already High Fertilizer Costs - AgWeb+0.7%
• Jul 24, 2026WTO data confirms Strait of Hormuz fertilizer trade disruption is easing as urea nears pre-war price — Fertilizer Daily+0.6%
• Oct 25, 2026Fertilizer’s Next Big Problem? It Goes Beyond the Strait of Hormuz-1.1%
• Jul 14, 2026The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb+1.4%