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A JIRCAS blog summarises FAO analysis of fertiliser price trends. Prices of ammonia, urea and DAP peaked above USD 1,000 per tonne in 2021-22 and have since stabilised with lower energy costs.
The outlook for 2024-25 is stable, though energy shocks remain a risk.
The analysis frames a stable baseline for fertiliser costs that feed buyers should expect, with energy-driven upside as the main risk.
jircas.go.jpJapan International Research CenterJul 19, 2024After 150 past report events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.3% to +2.7%), and +1.6% over 20.
Not enough comparable past events yet for a historical read.
After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% 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.
