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International phosphate fertilizer prices continued to fall in November 2025 due to weak demand from India and exporters competing for business. High stocks in Brazil and reduced activity in Europe and Southeast Asia added to the pressure.
Nitrogen fertilizer prices showed mixed signals.
Excess phosphate stocks and weak demand point to lower DAP and MAP costs, while nitrogen prices remain without a clear direction.
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.