Overview

The global phosphates market has witnessed increasing volatility, in response to military conflicts, political tensions and changing market dynamics. Price fluctuations have continued to buffet the market, with increasing demand from south and Southeast Asia the main regions driving consumption growth. Rising raw material prices and improved affordability have lifted prices once again. 

Phosphates' usage is also not solely limited to fertilizers. Battery-material suppliers are increasingly seeking to source phosphate rock and specialty phosphates-based products to meet the rapidly rising demand for lithium-iron-phosphate batteries for electric vehicle production.

Our extensive phosphates coverage includes DAP, MAP, TSP and SSP, as well as raw materials phosphate rock and phosphoric acid, with assessments also spanning feed products MCP and DCP. Argus has many decades of experience covering the phosphates market and incorporate our multi-commodity market expertise in key areas including sulphur and ammonia to provide the full market narrative.

Argus support market participants with:

  • Daily and weekly phosphates price assessments, proprietary data and market commentary
  • Short and medium to long-term forecasting, modelling and analysis of processed phosphate and phosphate rock prices, supply, demand, trade and projects
  • Bespoke consulting project support

Latest phosphate news

Browse the latest market moving news on the global phosphate industry.

Latest phosphate news
17/07/26

OCP, Koch deepen phosphate ties

OCP, Koch deepen phosphate ties

London, 17 July (Argus) — Major Moroccan phosphates producer OCP Nutricrops has reported selling a 50pc stake in one of its production units to US trading firm Koch Ag & Energy Solutions. The agreement will forge a 50:50 operating joint venture over the Jorf fertilizers company 1 (JFC 1) unit in Jorf Lasfar, which has a nameplate capacity of 1.2mn t/yr of phosphate-based fertilizers. OCP says that this will bring the total production capacity under its joint ventures with Koch to 2.5mn t/yr following its sale of a 50pc stake in Jorf Fertilizers III — renamed Kofert — to Koch in March 2022. The product from JFC will be marketed globally, but the agreement comes just weeks after the US suspended countervailing duties on imports of Moroccan phosphates for eight months. This has reopened the door to the US market for OCP. JFC 1 is one of many production facilities which OCP operates at its Jorf Lasfar complex. Argus understands that OCP had broadly been operating at around 50pc of its total capacity over June, largely because of a lack of sulphur. The producer is understood to now have enough sulphur to theoretically run at 100pc capacity over July-August. But since the conflict between Iran and the US has re-escalated, and Kazakh sulphur remains out of the market, maintaining sulphur stocks continues to be a challenge for all producers. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

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Latest phosphate news

Egypt’s NCIC issues tender to sell DAP, SSP, SOP


16/07/26
Latest phosphate news
16/07/26

Egypt’s NCIC issues tender to sell DAP, SSP, SOP

London, 16 July (Argus) — Egyptian fertilizer producer NCIC has issued a sales tender, closing on 20 July. It is offering the following: 20,000t of DAP — it reported selling 10,000 of the 30,000t offered in its 1 July tender at $872/t fob 15,000t of SSP — it reported selling all 30,000t offered in its 1 July tender at $260/t fob 500t of water-soluble SOP — it did not award the 500t offered in its 1 July tender, after selling 500t at $740/t ex-works in its 24 June tender The DAP and SSP are to be sold in bulk on a fob basis and NCIC says all cargoes will be ready at Damietta port. Cargoes are to be loaded within 37 days. The SOP will be sold in 25kg bags on an ex-works basis from NCIC's Fayoum plant. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest phosphate news

Annaba phosphate port expansion to accelerate: Update


14/07/26
Latest phosphate news
14/07/26

Annaba phosphate port expansion to accelerate: Update

Adds the current maximum cargo size in paragraph 3, adds Bled El Hadba rock export availability in paragraph 7, updates Djebel Onk details in paragraph 8 London, 14 July (Argus) — Additional workers and equipment will be deployed this month and next to Algeria's Annaba phosphate port expansion project, aiming for completion by the first quarter of 2027, Algeria's works and infrastructure ministry said. The project's workforce will double and Annaba "will be reinforced with additional machinery and equipment... to accelerate the pace of work and guarantee the project's delivery within the scheduled deadlines", the ministry said, according to Algerian state-controlled media. The project centres on building a deepwater quay that can handle 80,000t ships to strengthen "the logistical competitiveness" of Algerian phosphate rock and fertilizer exports. Algeria's phosphate rock producer and Sonarem subsidiary Somiphos currently loads shipments of up to 55,000t. The port expansion is part of Algeria's Integrated Phosphate Project (IPP), a partnership between state-owned energy company Sonatrach and state-owned mining firm Sonarem. The IPP includes the development of phosphate deposits in Bled El Hadba and a phosphoric acid, sulphuric acid and ammonia facility in Oued Keberit, Souk Ahras province. The IPP "is scheduled to enter production during the first quarter of 2027, coinciding with the completion of the Annaba port expansion project and its readiness to export its initial phosphate shipments", the government said last month. The IPP Souk Ahras phosphoric acid production facility will have a capacity of 900,000 t/yr of P2O5, with potential phosphate rock demand of around 3mn t/yr, according to Argus analysts. The Bled El Hadba mine will supply the Oued Keberit facilities and is already in operation and building up stocks, Argus understands. Somiphos said it will market some of the phosphate rock from Bled El Hadba for export before the phosphoric acid production in Oued Keberit comes on line. Somiphos also expects to complete a 1mn t/yr expansion at its Djebel Onk mine by July 2027. It is aiming for its production to reach 1.8mn t over 2026. After this expansion is complete, Somiphos will likely supply phosphate rock to Indonesia, under an agreement for up to 1mn t/yr signed with state-owned fertilizer group Pupuk Indonesia in January . By Adebiyi Olusolape and Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest phosphate news

Algeria to accelerate Annaba phosphate port expansion


13/07/26
Latest phosphate news
13/07/26

Algeria to accelerate Annaba phosphate port expansion

London, 13 July (Argus) — Additional workers and equipment will be deployed this month and next to Algeria's Annaba phosphate port expansion project, aiming for completion by the first quarter of 2027, Algeria's works and infrastructure ministry said. The project's workforce will be doubled and Annaba "will be reinforced with additional machinery and equipment... to accelerate the pace of work and guarantee the project's delivery within the scheduled deadlines", the ministry said, according to Algerian state-controlled media. The project centres on building a deepwater quay that can handle 80,000t-capacity ships, to strengthen "the logistical competitiveness" of Algerian phosphate rock and fertiliser exports. The port expansion is part of Algeria's Integrated Phosphate Project (IPP), which is a partnership between state-owned energy company Sonatrach and state-owned mining firm Sonarem. The IPP includes the development of phosphate deposits in Bled El Hadba and a phosphoric acid, sulphuric acid and ammonia facility in Oued Keberit, Souk Ahras province. The IPP "is scheduled to enter production during the first quarter of 2027, coinciding with the completion of the Annaba port expansion project and its readiness to export its initial phosphate shipments", the Algerian government said last month. The IPP Souk Ahras phosphoric acid production facility will have a capacity of 900,000 t/yr of P2O5, with a potential phosphate rock demand of around 3mn t/yr, according to Argus analysts. The Bled El Hadba mine will supply the Souk Ahras facilities and is already in operation and building up stocks, Argus understands. Algerian phosphate rock producer and Sonarem-subsidiary Somiphos expects to complete a 1mn t/yr expansion at its Djebel Onk mine by mid-2027. Its current phosphate rock capacity is around 1.5mn t/yr, according to Argus analysts. After this expansion is complete, Somiphos will likely supply phosphate rock to Indonesia, under an agreement for up to 1mn t/yr signed with state-owned fertilizer group Pupuk Indonesia in January . By Adebiyi Olusolape and Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest phosphate news

Mosaic to further curtail US, Brazil phosphate output


08/07/26
Latest phosphate news
08/07/26

Mosaic to further curtail US, Brazil phosphate output

Houston, 8 July (Argus) — US fertilizer producer Mosaic today said it will further reduce its phosphate operations at select North American and Brazilian facilities because of curtailed raw material supply availability. The reduced availability is due to traffic still largely halted through the strait of Hormuz . Further temporary operational measures are being taken by Mosaic as sulfur inventories decline, while supply availability and fertilizer affordability remain constrained, the company said in a statement. "These actions are a temporary response to extraordinary market conditions and do not change the company's long-term strategy or commitment to global agriculture," Mosaic said. Mosaic will further reduce output at its Bartow, Florida, plant and Faustina, Louisiana, facility, which saw its operating rates reduced earlier this year. Production at Mosaic's Riverview, Florida, plant and Uncle Sam, Louisiana, facility will now also be reduced. Multiple customers have said they expect a full halting of operations at the Faustina plant because it was idled earlier this year, while Bartow operations could continue at a reduced rate if the sulfur supply outlook becomes more positive. But no specifics from Mosaic were provided on the scale of the operational pullback at any one plant. In Brazil, additional temporary curtailments and idling of facilities are underway after the producer idled and closed SSP production and mine activity in April. In May, the producer also paused Brazilian phosphate rock production. The additional curtailment news also comes nearly a week after the US government announced it would pause countervailing duties on Moroccan phosphate imports for eight months, opening the door for the return of OCP phosphate tonnes into the US market after Mosaic in 2011 alleged the countries' imports materially injured the US market. In May, the producer announced it would withdraw its 2026 phosphate production guidance of at least 7mn metric tonnes (t) and had initiated steps to curtail production at plants in Louisiana and Florida, alongside scaling back output in Brazil. The reduction in phosphate operations was also a direct result of limited raw material supply availability from the ongoing conflict in the Mideast Gulf, which has forced domestic and global phosphate producers to reduce output. 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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