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Japan’s JA Zennoh will raise fertilizer prices by up to 21.7% for the November–May season, with benchmark compound fertilizer prices rising more than 15%. The increases reflect higher natural-gas costs and Chinese controls on phosphate exports; potash prices are also set to rise.
Higher gas costs raise nitrogen fertilizer production expenses, while export controls constrain phosphate availability. The resulting input-cost increases are bullish for fertilizer prices in Japan.
agribusinesswire.comNathan BrooksNov 7, 2026After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% over 20.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
After 13 past bullish policy events, Natural Gas moved a median -1.7% over 5 sessions (46% higher; middle half -2.4% to +4.5%), and +5.3% 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.
