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Fertiglobe said it restored UAE exports to 95% of production in the third quarter, up from 56% in the second quarter, despite ongoing disruption at the Strait of Hormuz. Net profit fell 90% to $22.7 million while revenue rose 19% to $100 million, helped by higher ammonia prices.
Recovered export volumes add urea and ammonia supply to seaborne markets, but higher freight costs and lower urea prices are squeezing producer margins, which weighs on fertilizer price support and feed-input cost expectations.
thenationalnews.comAarti NagrajNov 12, 2026After 64 past logistics events, Urea moved a median -0.3% over 5 sessions (48% higher; middle half -1.0% to +2.3%), and -0.3% 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.
