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RaboResearch reports that fertilizer affordability has declined as prices rose about 15% between April and September 2025, with phosphates up almost 19%. It expects weaker fertilizer demand in 2026 as global supplies of corn, wheat and soybeans reach record levels.
Weaker affordability and forecast demand contraction in 2026 point to softer fertilizer price pressure once current supply tightness eases, while record crop supplies weigh on grain prices.
croplife.comMatt Hopkins2025年11月2日在过去 35 次看跌的报告事件之后，DAP 在 5 个交易日内中位数变动 0.0%（37% 上涨；中间一半区间为 -0.7% 至 +1.5%），20 个交易日内为 +0.6%。
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。
Poor affordability and expected weaker 2026 fertilizer demand, with phosphates up about 19%, point to demand destruction that weighs on DAP prices.
