# Four charts that paint a worrying picture for global fertiliser prices - ABC News

> CRU Group analysts say fertiliser prices will keep rising for months, and an immediate reopening of the Strait of Hormuz would do little to restrain them. Prices have surged since the near-standstill of maritime traffic through the Strait, with sulphur also highlighted as a constrained input.

- Date: 2026-04-23 · published 2026-04-23T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19640-four-charts-that-paint-a-worrying-picture-for-global-fertiliser-prices-abc-news
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Persistently high fertilizer costs, especially for urea and phosphates, squeeze farm margins and could reduce application, supporting grain and feed prices.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2026-04-30 | 1 | +4.8% | 4.4 | CRU warning that fertilizer prices keep rising for months even if Hormuz reopens, with constrained sulphur supply, supports upward DAP pricing. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-02-04 | [China gas shortage could be causing a shortage of fertiliser for farmers, pushing prices higher - ABC News](https://feedsoft.ai/events/48946-china-gas-shortage-could-be-causing-a-shortage-of-fertiliser-for-farmers.md) | -5.3% | +1.7% |
| UREA | 2022-05-31 | [Why fertiliser prices are soaring](https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring.md) | -8.8% | -13.2% |
| UREA | 2026-03-05 | [How the Iran war could create a ‘fertiliser shock’ – an often ignored global risk to food prices and farming](https://feedsoft.ai/events/6255-how-the-iran-war-could-create-a-fertiliser-shock-an-often-ignored-global-risk.md) | +3.0% | +20.1% |
| UREA | 2025-01-21 | [A global look at the fertilizer market - Brownfield Ag News](https://feedsoft.ai/events/26814-a-global-look-at-the-fertilizer-market-brownfield-ag-news.md) | +1.2% | +14.1% |
| UREA | 2022-03-21 | [Fertiliser prices hit new highs as multiple problems affect global supplies \| Food security \| The Guardian](https://feedsoft.ai/events/5514-fertiliser-prices-hit-new-highs-as-multiple-problems-affect-global-supplies.md) | +2.5% | -0.5% |
| DAP | 2021-02-04 | [China gas shortage could be causing a shortage of fertiliser for farmers, pushing prices higher - ABC News](https://feedsoft.ai/events/48946-china-gas-shortage-could-be-causing-a-shortage-of-fertiliser-for-farmers.md) | -1.2% | -3.8% |
| DAP | 2022-05-31 | [Why fertiliser prices are soaring](https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring.md) | -4.4% | -0.9% |
| DAP | 2022-03-21 | [Fertiliser prices hit new highs as multiple problems affect global supplies \| Food security \| The Guardian](https://feedsoft.ai/events/5514-fertiliser-prices-hit-new-highs-as-multiple-problems-affect-global-supplies.md) | +1.1% | 0.0% |

## Sources

- abc.net.au: https://www.abc.net.au/news/2026-04-24/charts-paint-worrying-picture-global-fertiliser-prices/106590152

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