Global Fertilizer Prices Stay High as Phosphate Shipments Through the Strait of Hormuz Gradually Resume

After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.

• Oct 13, 2026Fertilizer Prices Stay Volatile as Strait of Hormuz, Russia Disrupt Supply | Iowa PBS+1.0%
• Jul 14, 2026The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb+1.6%
• Apr 27, 2026Mideast Urea Output Drops as Fertilizer Shipments Stall in Strait of Hormuz - Bloomberg-8.8%
• Oct 25, 2026Fertilizer’s Next Big Problem? It Goes Beyond the Strait of Hormuz-0.1%
• Mar 3, 2026Conflict in Iran Ripples Through Global Fertilizer Markets, Raises Prices Even Higher - AgWeb+10.0%

After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.

• Jul 14, 2026The Strait of Hormuz Is Technically Still Open. So Why Are Fertilizer Prices Climbing? - AgWeb+1.4%
• Aug 18, 2026Sulfur shortage threatens global phosphate supply as Hormuz blockade and Russia ban cut 2 of 3 top sources - Fertilizer Daily0.0%
• Oct 25, 2026Fertilizer’s Next Big Problem? It Goes Beyond the Strait of Hormuz-1.1%
• Jul 8, 2025Closure of Strait of Hormuz: A Looming Threat to Already High Fertilizer Costs - AgWeb+0.7%
• Mar 22, 2022CRU comments on all-time high fertilizer prices | World Fertilizer+2.1%