# Itafos: A Real Phosphate Up-Cycle Is Meeting a Cyclical Cost Squeeze

> Itafos reported third-quarter 2026 revenue of $161 million, up 5% year over year, while adjusted EBITDA fell 70% to $14.4 million as sulfur costs rose. The article says global phosphate supply cuts are supporting prices above $800 per tonne through 2027, even as higher input costs squeeze producer margins.

- Date: 2026-11-08 · published 2026-11-08T12:12:18.574Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/87450-itafos-a-real-phosphate-up-cycle-is-meeting-a-cyclical-cost-squeeze
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Supply curtailments support phosphate prices, while expensive sulfur raises production costs and pressures fertilizer margins. The price outlook is supportive for phosphate products, though supply-cost pressures may limit producers’ ability to benefit.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲

## Sources

- ainvest.com: https://www.ainvest.com/news/itafos-real-phosphate-cycle-meeting-cyclical-cost-squeeze-2611/

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