# Fertiglobe Net Profit Drops 62% To $51M In Q3

> Fertiglobe reported a 62% year-on-year drop in third-quarter net profit to $51 million, despite revenue rising 19% to $905 million on higher ammonia prices and sales volumes. Adjusted EBITDA fell 19% to $231 million as logistics and operating costs rose, and UAE exports recovered to 95% of production from 56% in Q2 despite Strait of Hormuz constraints.

- Date: 2026-11-12 · published 2026-11-13T00:12:05.165Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/96709-fertiglobe-net-profit-drops-62-to-51m-in-q3
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Lower urea prices and Hormuz disruptions are constraining Gulf nitrogen exports, which tightens global fertilizer supply and supports feed-grain production costs. The company's results are a company-level signal rather than a new market shock.

## Read by commodity

- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-06-21 | [Fertiliser prices continue to increase: MoIT](https://feedsoft.ai/events/46891-fertiliser-prices-continue-to-increase-moit.md) | -1.5% | -0.3% |
| UREA | 2021-02-19 | [Fertilizer freight rates jump to new highs \| Latest Market News](https://feedsoft.ai/events/48522-fertilizer-freight-rates-jump-to-new-highs-latest-market-news.md) | +1.5% | +11.7% |
| UREA | 2022-09-14 | [Europe slashes fertilizer production \| The Western Producer](https://feedsoft.ai/events/39893-europe-slashes-fertilizer-production-the-western-producer.md) | +0.4% | -4.6% |
| UREA | 2021-03-30 | [Fertilizer price surge shows signs of a top…](https://feedsoft.ai/events/48046-fertilizer-price-surge-shows-signs-of-a-top.md) | -0.9% | -0.9% |
| UREA | 2024-01-18 | [Global shipping delays will affect fertilizer prices - Brownfield Ag News](https://feedsoft.ai/events/32437-global-shipping-delays-will-affect-fertilizer-prices-brownfield-ag-news.md) | -0.6% | +12.2% |

## Sources

- forbesmiddleeast.com: https://www.forbesmiddleeast.com/industry/business/fertiglobe-net-profit-drops-by-62-to-%2451m

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