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StoneX's Josh Linville said phosphate demand is slowing as farmers cut applications amid high costs and low grain prices. He said Chinese urea exports are pressuring global prices and that India's delayed final 2025 tender leaves the market uncertain.
Weaker phosphate and urea demand, plus heavy Chinese export supply, point to lower fertilizer prices until buyers return. A delayed Indian tender could extend the downside.
stonex.comGlobal AuthorSep 30, 2025Not 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.
