# Research Release | CSPI International: Global Phosphate Fertilizer Industry Outlook - Credit Divergence Under Resource Constraints and Supply Disruptions

> CSPI International, a Hong Kong-based credit rating agency, published a report on the global phosphate fertilizer sector, citing Morocco's 68.5% share of global phosphate rock reserves and forecasting 17% capacity expansion for 2025-2030, with new capacity peaking in 2027-2028. The report flags Middle East supply contraction, Hormuz shipping disruption, and Chinese export controls as near-term supply risks, and says high fertilizer costs continue to weigh on farmer affordability.

- Date: 2026-11-04 · published 2026-11-04T06:11:10.785Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/79250-research-release-cspi-international-global-phosphate-fertilizer-industry
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Sulfur and ammonia cost pressure from Hormuz disruption and tight phosphate supply support DAP and MAP prices, raising feed-ingredient input costs over the coming year. Capacity additions expected in 2027-2028 could ease prices later.

## Read by commodity

- DAP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-11-08 | [Mosaic sees strong global fertilizer demand, restrained supply in 2024 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/33091-mosaic-sees-strong-global-fertilizer-demand-restrained-supply-in-2024-agri.md) | +0.9% | +3.9% |
| DAP | 2022-11-29 | [667. Global Fertilizer Market and Policy Trends \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/38623-667-global-fertilizer-market-and-policy-trends-japan-international-research.md) | -0.4% | -4.4% |
| DAP | 2025-04-28 | [RaboResearch’s 2025 Global Fertilizer Outlook: Prices Up, Affordability Down](https://feedsoft.ai/events/25031-raboresearch-s-2025-global-fertilizer-outlook-prices-up-affordability-down.md) | 0.0% | +3.5% |
| DAP | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +4.0% | -0.7% |
| DAP | 2021-10-05 | [International Fertilizer Price September'21 Update -](https://feedsoft.ai/events/44881-international-fertilizer-price-september-21-update.md) | 0.0% | +3.3% |

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/bond/market/2026-11-04/doc-inixpvva1653425.shtml

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