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JIRCAS republished FAO Food Outlook analysis of global fertilizer markets. Global fertilizer use is estimated to rise about 6% to 200 million tonnes in 2024, with nitrogen use at a record 115 million tonnes.
Nitrogen demand strength from India and China supports fertilizer prices, while weak phosphorus demand reflects affordability strain that can cap farm input purchases and grain output growth.
jircas.go.jpJapan International Research CenterNov 18, 2025After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
After 38 past neutral report events, DAP moved a median +0.5% over 5 sessions (61% higher; middle half -0.5% to +1.6%), and +3.9% over 20.
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.
