# Fitch Ratings Increases Short and Medium-Term Fertiliser Price Assumptions - Proshare

> Fitch Ratings raised its short and medium-term global fertiliser price assumptions after supply disruptions tied to the Russia-Ukraine war. Feedstock costs have risen significantly and demand remains strong. Its long-term price assumptions are unchanged.

- Date: 2022-03-24 · published 2022-03-24T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5508-fitch-ratings-increases-short-and-medium-term-fertiliser-price-assumptions
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher assumed fertiliser prices signal sustained input cost pressure for farmers, which can shift planting economics and feed grain demand. Tight nitrogen and potash supply supports fertiliser prices through the medium term.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2022-05-31 | [Why fertiliser prices are soaring](https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring.md) | -8.8% | -13.2% |
| UREA | 2024-10-09 | [Hurricane unlikely to fuel long-term fertilizer price increase, analyst says - Grainews](https://feedsoft.ai/events/28191-hurricane-unlikely-to-fuel-long-term-fertilizer-price-increase-analyst-says.md) | +0.1% | -5.3% |
| UREA | 2026-03-05 | [Farmers see fertiliser price surge as Iran war blocks exports, threatening losses \| Reuters](https://feedsoft.ai/events/6254-farmers-see-fertiliser-price-surge-as-iran-war-blocks-exports-threatening.md) | +3.0% | +20.1% |
| UREA | 2022-08-23 | [Fertiliser supply tightens as gas price rises further - Farmers Weekly](https://feedsoft.ai/events/5142-fertiliser-supply-tightens-as-gas-price-rises-further-farmers-weekly.md) | +20.2% | +13.7% |
| UREA | 2025-06-03 | [Can New Sanctions Spark a Fertilizer Price Shock?](https://feedsoft.ai/events/4336-can-new-sanctions-spark-a-fertilizer-price-shock.md) | +0.5% | +10.8% |
| DAP | 2025-07-29 | [Govt fertiliser subsidy outlay to increase amid supply disruptions by China and surge in international prices: Report - The Tribune](https://feedsoft.ai/events/4137-govt-fertiliser-subsidy-outlay-to-increase-amid-supply-disruptions-by-china-and.md) | +7.9% | +7.9% |
| DAP | 2022-05-31 | [Why fertiliser prices are soaring](https://feedsoft.ai/events/41723-why-fertiliser-prices-are-soaring.md) | -4.4% | -0.9% |
| DAP | 2025-06-03 | [Can New Sanctions Spark a Fertilizer Price Shock?](https://feedsoft.ai/events/4336-can-new-sanctions-spark-a-fertilizer-price-shock.md) | +0.7% | +3.8% |

## Sources

- proshare.co: https://proshare.co/articles/fitch-ratings-increases-short-and-medium-term-fertiliser-price-assumptions

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