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A Fertilizer Daily analysis compares phosphate rock prices by origin on a cost-per-unit-of-P2O5 basis for Q1 2025 and Q4 2024. Egypt, Syria and Jordan are shown as the most cost-competitive sources, while Russia and Morocco are the most expensive per nutrient unit.
Origin cost differences show where buyers can source phosphate more cheaply, which shapes trade flows and relative rock pricing.
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.