# Q1 Fertilizer Review — Chewachem Ltd.

> Chewachem's Q1 review reports urea ended the quarter up 2.6% at $395 CFR after peaking at $455 in February. DAP supply was tight because no Chinese exports were approved in the first quarter, and sulphur rose over 150% in the quarter.

- Date: 2025-04-22 · published 2025-04-22T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/25022-q1-fertilizer-review-chewachem-ltd
- 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

Tight DAP supply from China and rising sulphur costs keep phosphate and nitrogen input prices firm, supporting higher production costs for fertilizer-dependent crops used in feed.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-10-01 | [Q3 Fertilizer Review — Chewachem Ltd.](https://feedsoft.ai/events/5245-q3-fertilizer-review-chewachem-ltd.md) | +5.5% | +4.3% |
| UREA | 2026-10-27 | [Fertilizer Crisis Response Bulletin #35 - IFDC](https://feedsoft.ai/events/674-fertilizer-crisis-response-bulletin-35-ifdc.md) | -0.6% | — |
| UREA | 2024-06-26 | [Global trading overview - Q1 2024 in review \| Incitec Pivot Fertilisers](https://feedsoft.ai/events/29676-global-trading-overview-q1-2024-in-review-incitec-pivot-fertilisers.md) | -2.0% | -0.9% |
| UREA | 2026-04-07 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/20027-semi-annual-global-fertilizer-outlook-rabobank.md) | 0.0% | -10.4% |
| UREA | 2020-12-23 | [Fertilizer prices to rise moderately in 2021](https://feedsoft.ai/events/49583-fertilizer-prices-to-rise-moderately-in-2021.md) | +3.0% | +21.5% |
| DAP | 2024-10-01 | [Q3 Fertilizer Review — Chewachem Ltd.](https://feedsoft.ai/events/5245-q3-fertilizer-review-chewachem-ltd.md) | +0.5% | +3.6% |
| DAP | 2026-10-27 | [Fertilizer Crisis Response Bulletin #35 - IFDC](https://feedsoft.ai/events/674-fertilizer-crisis-response-bulletin-35-ifdc.md) | -0.6% | — |
| DAP | 2024-11-14 | [Fertilizer market developments](https://feedsoft.ai/events/27318-fertilizer-market-developments.md) | 0.0% | -2.0% |

## Sources

- chewachem.com: https://www.chewachem.com/blog/q1-fertilizer-review

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