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

India’s IPL issues tender to buy 1.6mn t of DAP/TSP


24/04/26
Latest phosphate news
24/04/26

India’s IPL issues tender to buy 1.6mn t of DAP/TSP

London, 24 April (Argus) — Indian fertilizer producer and importer IPL has issued a tender to buy 1.2mn t of DAP and 400,000t of granular TSP from producers and trading firms, closing on 4 May. Suppliers are to ship cargoes from loading ports by 15 August. IPL is seeking cargoes to be delivered to ports on both India's east and west coasts. Prices are to be offered separately for east and west coast deliveries. Offers are to be valid to 8 May. IPL said it is issuing the tender on behalf of major phosphate and potash fertilizer firms as part of a consortium approach to importing fertilizers. Argus understands that the Indian government has approved fertilizer importers forming a consortium in response to the global supply disruptions caused by the war in the Middle East. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest phosphate news

Egypt’s NCIC issues another SSP, urea sales tender


23/04/26
Latest phosphate news
23/04/26

Egypt’s NCIC issues another SSP, urea sales tender

London, 23 April (Argus) — Egyptian fertilizer producer NCIC has issued a tender to sell 10,000t of SSP and 7,000t of urea, closing on 27 April. It says that all cargoes will be ready at the port of loading by the end of April and that bids are to be valid for two weeks. NCIC today reported selling DAP, TSP, urea, CAN and SOP in a tender which closed on 20 April. It had offered 15,000t of SSP in the tender but did not issue any awards. It had offered 10,000t of urea, but awarded only 3,000t at $830/t fob. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest phosphate news

Egypt’s NCIC awards fertilizer sales tender


23/04/26
Latest phosphate news
23/04/26

Egypt’s NCIC awards fertilizer sales tender

London, 23 April (Argus) — Egyptian fertilizer producer NCIC has awarded its latest tender to sell various fertilizers for loading this month at higher prices. NCIC reports the following sales in the tender, which closed on 20 April: 20,000t of DAP at up to $880/t fob — up from $840/t fob awarded in its 4 April tender 10,000t of TSP at up to $695/t fob — up from $618/t fob awarded in its 4 March tender 3,000t of urea at up to $830/t fob — up from $654/t fob awarded in its 4 March tender 5,000t of CAN26 at up to $412/t fob — up from $352/t fob awarded in its 4 March tender 1,000t of water-soluble SOP at up to $705/t ex-works in 25kg bags — up from $620-630/t fob awarded in its 15 March tender NCIC sold the full quantities of DAP, TSP, CAN and SOP offered in the tender. It offered 10,000t of urea. NCIC offered 15,000t of SSP in the tender, but no awards for SSP have emerged. The number of buyers for each product and the destinations of the cargoes are not yet known. By Tom Hampson Send comments and request more information at feedback@argusmedia.com Copyright © 2026. Argus Media group . All rights reserved.

Latest phosphate news

India’s NFL seeks DAP, TSP, NPK, NPS suppliers


16/04/26
Latest phosphate news
16/04/26

India’s NFL seeks DAP, TSP, NPK, NPS suppliers

London, 16 April (Argus) — Indian fertilizer importer and producer NFL has issued a tender inviting suppliers to enter into long-term offtake agreements for imports of DAP, TSP, NPS and NPKs. The tender closes on 7 May. NFL has specified demand for the following grades: DAP 18-46 NPS 20-20-0+13S NPK 12-32-16 NPK 10-26-26 But it will also consider fertilizer grades included under India's fertilizer control order. The offtake agreements signed with successful applicants will last for one year from the date of signing. Cargoes supplied under the agreements will be priced on a cfr India basis. Over the April 2025-March 2026 fertilizer year, NFL imported 612,093t of DAP, 144,040t of NPS and 26,762t of NPKs, it said. This is up significantly from 553,928t of DAP and no NPKs or NPS imported in the previous fertilizer year. NFL says it plans to become one of the major players in the trading of phosphate and potash-based fertilizers. 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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