# High sulfur prices squeeze fertilizer margins, spur production cutbacks | S&P Global

> Sulfur prices hit all-time highs of $815-$820/mt FOB Middle East and $1,200/mt CFR Brazil on May 28 after the Middle East war trapped about half of seaborne sulfur exports. Egypt's EFIC halted single superphosphate output, and Mosaic temporarily halted phosphate rock production at its Catalão mine in Brazil.

- Date: 2026-05-29 · published 2026-05-29T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19594-high-sulfur-prices-squeeze-fertilizer-margins-spur-production-cutbacks-s-and-p
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Production curtailments in phosphate rock and fertilizer reduce supply and support higher DAP and phosphate rock prices.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2026-04-07 | [SunSirs: Global Fertilizer Prices Soar, While China Maintains Ample Supply and Remains a Price Haven - ChemNet](https://feedsoft.ai/events/9778-sunsirs-global-fertilizer-prices-soar-while-china-maintains-ample-supply-and.md) | +0.7% | +5.9% |
| DAP | 2022-03-22 | [Fertilizer prices are at record highs. Here's what that means](https://feedsoft.ai/events/5512-fertilizer-prices-are-at-record-highs-here-s-what-that-means.md) | +2.1% | 0.0% |
| DAP | 2026-08-04 | [5 warning signs that fertilizer prices will stay high](https://feedsoft.ai/events/17865-5-warning-signs-that-fertilizer-prices-will-stay-high.md) | -0.6% | -1.1% |
| DAP | 2026-09-01 | [Why higher fertilizer prices are here to stay](https://feedsoft.ai/events/17863-why-higher-fertilizer-prices-are-here-to-stay.md) | +0.3% | +1.6% |
| DAP | 2022-03-22 | [CRU comments on all-time high fertilizer prices \| World Fertilizer](https://feedsoft.ai/events/42212-cru-comments-on-all-time-high-fertilizer-prices-world-fertilizer.md) | +2.1% | 0.0% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/052926-high-sulfur-prices-squeeze-fertilizer-margins-spur-production-cutbacks

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.