COMING UP
TO THE BOIL Chris Lawson, CRU, UK, examines an Asian fertilizer market going haywire on sharp price increases.
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fter bottoming out in 2020, fertilizer prices have increased sharply through 2021. Downstream markets such as urea, phosphate fertilizers and potash have all bounced to levels not seen in a decade, and the raw materials ammonia, phosphate rock and sulfur have all followed. This article explains the specific reasons for the price rises and the outlook for the coming year. It will draw on developments in the Asian market, which has been at the epicentre of the market volatility.
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