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Global fertiliser prices have reached record levels, with urea rising quickly after Iran banned urea and ammonia exports and attacked regional plants. China has suspended superphosphate and DAP exports, and freight costs are pressuring potash suppliers.
Potash prices are falling in China but rising moderately in Brazil and the US.
Higher urea and phosphate costs raise production costs for grain and oilseed growers, which feeds through to feed-ingredient prices. Potash stays comparatively stable, so its price effect is smaller.
graintrade.com.ua2026年3月24日在过去 205 次看涨的地缘政治事件之后，UREA 在 5 个交易日内中位数变动 +0.4%（53% 上涨；中间一半区间为 -2.1% 至 +3.0%），20 个交易日内为 -0.4%。
在过去 114 次看涨的地缘政治事件之后，DAP 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -0.3% 至 +1.2%），20 个交易日内为 +0.3%。
历史可比事件尚不足，暂无法给出历史解读。
历史可比事件尚不足，暂无法给出历史解读。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Record global fertilizer prices and China's suspension of DAP and superphosphate exports remove a major phosphate supplier from the export market, a supply shock that supports DAP prices.
Iran's ban on urea and ammonia exports and attacks on regional plants removed Gulf supply, which sustained the urea rally and could have fed further buying.
