
BINFIELD's market overview says urea has stabilized near $409/t FOB after Indian tender buying and signs that China may loosen export quotas. Phosphate remains the tightest segment because sulfur costs have passed $1,000/t after Hormuz restrictions and Russia's sulfur export ban.
Potash demand in Southeast Asia and Latin America is sluggish.
Stable urea and sluggish potash demand point to limited near-term moves in those nutrients. Tight phosphate fundamentals support DAP prices through the fall application season.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.