# Price explosion for fertilizers market report

> European mineral fertilizer prices have risen about 50% since the start of 2021, unusually continuing to climb after the usual early-summer decline. Drivers cited include energy costs tied to natural gas, shipping disruptions such as Suez Canal obstructions and Chinese port outages, and high grain prices that encourage heavier fertilizer use.

- Date: 2021-07-01 · published 2021-07-01T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/46373-price-explosion-for-fertilizers-market-report
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher natural gas, freight and grain prices are pushing fertilizer costs up sharply, which squeezes feed producers' input budgets and signals sustained upward pressure on nitrogen and phosphate prices.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- NATGAS: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- zmp.de: https://www.zmp.de/en/futures/fertilizer/news/market-report-price-explosion-fertilizers-2021-07-01

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