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Australia must back shared critical mineral hubs: panel
Australia must back shared critical mineral hubs: panel
Sydney, 24 September (Argus) — Australia must invest in critical minerals common user facilities to lower costs for early-stage developers, speed up qualification testing with overseas customers, and support industry growth, attendees at this week's AusIMM Critical Minerals Conference in Brisbane heard. Queensland's vanadium-focused A$115mn ($81mn) Queensland Resources Common User Facility (QRCUF) will be fully operational by November, and will speed up project development significantly over the next 18-24 months, the government-run project's lead, Paul Holden, said on 22 September. The facility's ore crusher, flotation circuit, concentrate roaster, atmospheric leacher, and thermal purifier were designed with vanadium processing in mind, but parts of the facility are also applicable for rare earths, cobalt, and graphite processing. The QRCUF helps small mineral developers bridge the gap between pilot-scale processing and commercial-scale production by providing a shared facility for demonstration-scale bulk samples. This will avoid duplicated government investment in multiple privately owned facilities and lower barriers to entry for value-added processing, Holden said. Australian graphite and anode material developer Graphinex started using the ore crusher and flotation circuit at the QRCUF this month to produce bulk samples of its graphite products for qualification with South Korean and Japanese customers. While Graphinex has its own 300 t/yr active anode material demonstration facility in Townsville, the ore crusher at the QRCUF is ten times the size of the company's own crusher, allowing bulk samples to be prepared within weeks instead of months, the company told Argus . Australian developer Vecco has also signed on to use the facility to demonstrate production capability for its high purity vanadium pentoxide and vanadium electrolyte products, as the company prepares to make a final investment decision (FID) on its planned 300 MWh/yr Townsville electrolyte plant. Planned facility in Western Australia Western Australia (WA) is currently undertaking a feasibility study for its own Critical Minerals Advanced Processing (CMAP) common user facility near Perth. The facility must narrow product streams in its early stages to ensure a high utilisation rate and avoid becoming a white elephant, chief executive of the Minerals Research Institute of WA (MRIWA) Nicole Roocke said. MRIWA has not yet decided on the scope of CMAP, but it will not duplicate the capabilities of the Commonwealth Scientific and Industrial Research Organisation (CSIRO), the Australian Nuclear Science and Technology Organisation (ANTSO), the QRCUF, or commercial labs. MRIWA is planning a pod-based design, allowing users to bring some of their own equipment for processing. The facility could also be used by technology providers to demonstrate the efficacy of their processes at scale, Roocke said. Rare earths should not be prioritised in the early stages of either CMAP or QRCUF due to the complexity and cost of processing them, mining firm Australian Strategic Materials country manager Wayne Dicinoski said, citing the rising cost of sulphuric acid, a key reagent. Argus -assessed sulphuric acid fob China was last assessed at $290/t on 17 September, up by 314pc year on year ( see graph ). Recovery of valuable metals from WA's abundant mine tailings waste could be one path forward for the facility, critical minerals lead for engineering firm GHD Sam Taylor said. There are more than 1,000 tailings storage facilities in WA, with more than two thirds of sites at inactive projects, according to the WA government. By Daniel Gage-Brown Sulphuric acid prices 2025-26 USD/t Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Australia faces uncertainty over 2027 phosphate prices
Australia faces uncertainty over 2027 phosphate prices
Sydney, 24 September (Argus) — The ongoing conflict in the Middle East is fuelling concerns over phosphate supply and pricing in Australia ahead of the 2027 winter cropping season. Australian importers typically organise the first MAP/DAP shipments of the season for November loading, but high prices and bearish sentiment in the global market are encouraging importers to delay purchases. Some domestic buyers are responding to the conflict by locking in MAP/DAP and urea cargoes for early-2027 collection , while pricing uncertainty is prompting others to sit back from the market until growers require product, suppliers said. Australia's lack of seasonal demand for MAP/DAP since the war began has shielded domestic prices from some of the global price increases, but if importers were to buy at current levels, they will need to increase offers domestically. While global phosphate prices have softened in recent weeks, levels remain elevated when compared to corrections seen for nitrogen and potash. Many Australian buyers continue to see phosphates as unaffordable. MAP prices have risen significantly since November buying last year. Argus last assessed MAP at $802-836/t fob Saudi Arabia, a 28pc increase from the start of November last year. ( See chart ) The Middle East is not only a key source of fertilizer for Australia , but also accounts for a large proportion of the global sulphur supply , which is a key component in phosphate production. High sulphur prices have supported phosphate production costs. Australia imported about 30pc of its MAP/DAP from Saudi Arabia via the strait of Hormuz in 2025, trade data from the Australian Bureau of Statistics (ABS) show. With the ongoing price volatility, Australian farmers will remain cautious heading into the next buying season, National Farmers Federation told Argus on 22 September. Domestic sellers and buyers grew cautious earlier this year after a sudden drop in domestic urea prices left some market participants with high priced stock. Farmers are also facing firm fuel prices and are watching these very closely, Grain Growers chief executive Shona Gawel told Argus on 22 September. "At this stage, the issue is volatility rather than supply. Markets can react to geopolitical tension long before there are actual shortages, which can quickly affect fuel, freight and fertiliser costs," Gawel said. Supply options There is product available in the global market for Australian importers, but risks have increased in terms of pricing and timing, Western Australian importer CSBP said in a market update on 16 September. Australia sources MAP/DAP from Saudi Arabia, Morocco, China and the US, ABS data show, but there are supply restraints on most of these origins. Australian importers are considering western Saudi Arabian ports for fertilizer imports given the war has blocked off regular east coast trade. But the latest escalation of tensions around the Bab el-Mandeb has put more strain on this option. No vessels have been confirmed for this route, and Australia's last fertilizer import from Saudi Arabia arrived in late July, vessel tracking data from Kpler show. Australia's MAP/DAP stocks remain sufficient to meet current prompt demand despite slower imports so far this year, market participants said. By Susannah Cornford Australian import price comparison Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Zimbabwe secures funds for key commodity gateway
Zimbabwe secures funds for key commodity gateway
London, 23 September (Argus) — The Zimbabwe transport and infrastructural development ministry and the Chirundu Border Consortium (CBC) have reached financial close on the upgrade of a key commodity transit route on the border with Zambia. The establishing of financing arrangements by the ministry and private-sector firms in the CBC to develop the Chirundu Border Post will pave the way for construction work on a key transit route for copper, cobalt, fertilizers and mining supplies moving between central and southern Africa, the partners said this week. The Chirundu crossing is a critical link on the North-South Corridor, connecting the Zambia-Democratic Republic of Congo Copperbelt with ports in South Africa and Mozambique. The route is widely used to export copper and cobalt concentrates and refined metal, as well as imports of mining equipment, reagents, fuel, sulphur and fertilizers. The upgrade intends to reduce congestion and transit delays at one of the region's busiest border crossings by replacing ageing infrastructure and introducing new processing and operational systems. Frequent traffic problems such as border queues and bottlenecks have increased logistics costs and delivery times for commodities moving through the corridor. The project will improve freight flows, strengthen regional trade connectivity and enhance the efficiency of cargo movements between southern African ports and inland markets, Zimbabwe's transport and infrastructural development ministry said. The ministry did not disclose the final value of the financing package. Zimbabwe's cabinet previously estimated the project would require investment of around $66.8mn and would operate under a 20-year concession arrangement with private investors. The project is currently led by Safaga International, which was also involved in the modernisation of the Beitbridge border post between Zimbabwe and South Africa, alongside investors including South Africa-based Strategic Partners Group. Standard Bank of South Africa and Stanbic Bank Zimbabwe are among the financial institutions backing the development. By Lauren Hadeed and Fenella Rhodes Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Trump eyes Belarus potash deal to undercut Canada
Trump eyes Belarus potash deal to undercut Canada
Houston, 21 September (Argus) — The US is pursuing a potash trade deal with Belarus that would offer competitive pricing compared with potash from Canada, President Donald Trump said in a social media post. The "massive" deal is expected to offer US buyers potash pricing that would be "significantly less" than what US customers are currently paying for Canadian potash, according to Trump. The post did not include any details related to the potential deal, but it comes as the US has intensified a trade war with Canada , and is seeking opportunities to strike back at Canada for counter-tariffs. Both Mosaic and Nutrien produce MOP in Canada, the origin of the lion's share of US MOP imports. Australian mining firm BHP is also expected to start production for the first stage of its 4.15mn t/yr Jansen project in Saskatchewan by mid-2027. Mosaic, Nutrien and Belarusian potash marketer BPC did not comment on the alleged Belarusian trade deal or its potential pricing competitiveness with Canadian tons. The first Belarus cargo of fertilizer to the US in four years , a 30,000 metric tonnes (t) cargo of MOP, is expected to arrive at New Orleans next month. It would mark the first potash trade between the two countries since US sanctions on Belarusian potash were lifted in December . Re-establishing US-Belarus potash trade would diversify US potash supply and reduce reliance on Canada, but Belarus cannot fully replace Canadian volumes. Canada supplied nearly 90pc of US potash imports, or around 11.2mn t, in 2025, according to GTT data. Belarusian MOP has not touched US soil since February 2022, whereas 635,000 t/yr of Belarusian MOP on average went to the country in 2017-21, GTT data shows. Belarusian president Alexander Lukashenko said that Belarusian supply was tight and Belarus could not supply large volumes to the US this year as most of its product is already contracted, according to Belarusian state news agency Belta. Nutrien's current US Midwest offer for granular MOP is $410/st fob, and is considered to be mostly in line with other sellers. By Taylor Zavala Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
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