Fertilizer market: rise in prices of nitrogen products

The rebound of prix of the nitrogen fertilizers is linked to the rise in the price of gaztherefore of ammonia, associated with the geopolitical context very sensitive to Middle Eastwhose offer is withdrawn. L’Iran being a producing country, this situation causes tension on theureaalso accentuated by Indian purchases following a tender although limited. Hence an increase in the price of urea of ​​€40/t in the first half of October, before falling again, this strengthening slowing down positions in France (on the same dates, last year, its price was €425/t and in 2022, at €760/t). This trend is reflected in the nitrogen solution (+20 €/t), as well as for ammonitrate which reflected an increase in its prices (+20 €/t), although lower than last year’s levels (417 €).

The courses of phosphorus fertilizersDAP (di-ammonium phosphate) and Super phosphate tripleremain firm, rather stable, despite fluctuations in the euro-dollar parityon a domestic and European market that is not very active, but is more demanding internationally, particularly in Inde.

As for the potashif its price still remains unchanged, its inflection is bearish, in a sluggish market.

Read also: Fertilizer market – Rise in urea prices, following the awakening of demand

For each fertilizer, the prices indicated correspond to the prices at the beginning and end of the month. For each fertilizer, the prices indicated correspond to the prices at the beginning and end of the month.