Fertilizers
Overview
The fertilizer industry has seen dramatic changes in market dynamics, with challenges posed by policy and regulatory changes, political instability, conflicts and new macroeconomic realities. The drive towards energy transition and ambitious zero-carbon goals has also opened up the industry to new entrants and new opportunities.
It is more vital than ever for market participants to have the full picture – to capitalise on the opportunities and manage the risk of the challenges.
Argus’ fertilizer market intelligence will empower you to work smarter:
- Our price reporting services provide robust daily and weekly price assessments, market moving news, actionable market commentary and proprietary data
- Our short-term outlook and medium to long-term analytics services connect you with industry-leading forecasts and analysis of prices, supply, demand, costs, trade and projects
- Our consulting services partner with you to deliver fully bespoke consulting solutions, including market-specific research and analysis
Our market coverage
Argus is the leading independent provider of market intelligence to the global fertilizer market.
Latest fertilizer news
Browse the latest market moving news on the global fertilizer industry.
US, Iran reject terms of ceasefire deal: Update 2
US, Iran reject terms of ceasefire deal: Update 2
Adds details throughout Singapore, 6 April (Argus) — The US and Iran are dismissing terms of a proposed ceasefire, as President Donald Trump sticks by his threat to destroy power plants in Iran absent a deal for Tehran to allow free passage through the strait of Hormuz. The proposal for a ceasefire is "significant" but "not good enough", Trump said Monday morning. Trump subsequently said he was not backing down from his threat — reiterated over the weekend — to destroy power plants and bridges in Iran if there is not a deal to reopen the strait of Hormuz by 8pm ET on Tuesday. "We have a plan, because of the power of our military, where every bridge in Iran will be decimated by 12 o'clock tomorrow night, where every power plant in Iran will be out of business, burning, exploding and never to be used again," Trump said at a press conference later on Monday. The US has already escalated its assault on Iran by launching the "largest volumes of strikes" since the US-Israeli attacks began on 28 February, US defense secretary Pete Hegseth said. Even so, US-Iran negotiations are "going well", offering a potential off-ramp to an attack on Iran's power grid that would send the country back to the "stone ages", Trump said. "We have to have a deal that's acceptable to me, and part of that deal is going to be we want free traffic of oil and everything else," Trump said. Trump's deadline to reopen the strait of Hormuz will not change how Iran defends itself from attack, Iran's foreign ministry spokesman Esmail Baqaei said on Monday. Iran will not agree to a temporary ceasefire because that would only provide a "pause" for the US and Israel to refresh their military forces and equipment so they could attack again. "No intelligent person would accept such a thing," Baqaei said. "Our demand is for an end to the imposed war, along with assurances that this vicious cycle will not be repeated." Trump has repeatedly pushed back the timing of his threat to destroy power plants in Iran, most recently over the weekend when he said the attack would take place on Tuesday, rather than on Monday. Trump said he did not want to attack the day after Easter. Iran has threatened to respond to any attacks on its power infrastructure with a corresponding attack on neighboring countries that are hosting US military infrastructure. Assaults on Mideast Gulf energy infrastructure continued over the weekend. A vessel was attacked off the UAE, the UK Maritime Trade Operations (UKMTO) said. The Ice front-month June Brent contract traded as low as $107.03/bl on Monday, down by nearly 1.9pc from its settlement on 2 April. The price rebounded to $109.78/bl as of 2:47pm ET. By Chris Knight and Kevin Foster Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
US, Iran reject terms of ceasefire deal: Update
US, Iran reject terms of ceasefire deal: Update
Adds details throughout Singapore, 6 April (Argus) — The US and Iran remain divided on a ceasefire proposal exchanged ahead of President Donald Trump's deadline for Iran to open the strait of Hormuz or face a major attack. The proposal for a ceasefire is "significant" but "not good enough", Trump told reporters on Monday. Over the weekend, Trump said that if Iran does not open the strait of Hormuz by 8pm ET on Tuesday, the US would launch a major attack on power plants and bridges in Iran. "They don't want to cry — as the expression goes — uncle, but they will," Trump said Monday ahead of a press conference scheduled for 1 pm ET. "If they don't, they'll have no bridges, they'll have no power plants, they'll have no anything." Trump's deadline to reopen the strait of Hormuz will not change how Iran defends itself from attack, Iran's foreign ministry spokesman Esmail Baqaei said on Monday. Iran will not agree to a ceasefire because that would only provide a "pause" for the US and Israel to refresh their military forces and equipment so they could attack again. "No intelligent person would accept such a thing," Baqaei said. "Our demand is for an end to the imposed war, along with assurances that this vicious cycle will not be repeated." Trump has repeatedly pushed back the timing of his threat to destroy power plants in Iran, most recently over the weekend when he said the attack would take place on Tuesday, rather than on Monday. Iran has threatened to respond to any attacks on its power infrastructure with a corresponding attack on neighboring countries that are hosting US military infrastructure. Attacks on Mideast Gulf energy infrastructure continued over the weekend. A vessel was attacked off the UAE, the UK Maritime Trade Operations (UKMTO) said. The Ice front-month June Brent contract traded as low as $107.03/bl on Monday, down by 1.5pc from its settlement on 2 April but had rebounded to $108.89/bl as of 12:36pm ET. By Chris Knight and Kevin Foster Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Malaysia's Petronas takes Bintulu urea plant offline
Malaysia's Petronas takes Bintulu urea plant offline
Singapore, 6 April (Argus) — Malaysian state-owned fertilizer producer Petronas has taken its 700,000 t/yr Bintulu urea plant offline, because of an unplanned shutdown caused by technical issues, the firm said today. The plant is expected to restart by the end of this week or early next week, although the producer is still assessing the situation. The outage is likely to remove around 2,000 t/d of urea output. Petronas had planned a 45-day turnaround at the Bintulu plant in April-May, but the scheduled maintenance may be delayed as a result of the unplanned shutdown. By Dinise Chng Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
US fighter jet shot down over Iran: Tasnim
US fighter jet shot down over Iran: Tasnim
Washington, 3 April (Argus) — Iran's military has shot down a US F-15 fighter jet over Iran, Iranian news agency Tasnim said on Friday. In a development that could spark a major escalation of the US-Israeli war with Iran and upend the White House's timetable for the conflict, the Iranian Army's Air Defense Unit shot down the fighter jet, Tasnim reported. The fate of the F-15 crew members was not immediately clear. In a conflicting report, Iranian state news agency Irna posted images on X of what it described as an "F-35 fighter jet" that it said had been destroyed by the Islamic Revolutionary Guard Corps. Neither the White House nor US Central Command responded immediately to enquiries, while the Pentagon referred questions to Central Command. President Donald Trump has not posted on his social media platform about the incident. But at around 3:30pm ET he did post, "KEEP THE OIL, ANYONE?" And earlier in the day, Trump posted: "With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A 'GUSHER' FOR THE WORLD???" During his prime time address to the US public about the war on 1 April, Trump claimed that the Iranians "have no anti-aircraft equipment", adding: "Their radar is 100pc annihilated. We are unstoppable as a military force." A second US war plane, an A-10 Warthog attack plane, crashed near the strait of Hormuz about the same time as the F-15, the New York Times reported on Friday. By David Ivanovich Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.
Spotlight content
Browse the latest thought leadership produced by our global team of experts.
Global Sulphur & Sulphuric Acid Market Dynamics & Impact of US-Iran Conflict
Global Sulphur & Sulphuric Acid Market Dynamics & Impact of US-Iran Conflict
Global DAP Market Dynamics & Outlook: Opportunities for Pakistan?
Global DAP Market Dynamics & Outlook: Opportunities for Pakistan?
European AdBlue & TGU markets: What’s shaping the outlook?
European AdBlue & TGU markets: What’s shaping the outlook?
Explore our fertilizer products
Key price assessments
Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.
