Phosphate fertilizers Prices, markets & analysis
Whichever regional Phosphate fertilizers markets you work in, ICIS offers the thorough pricing information you need to operate with confidence.
Our insights into regional Phosphate fertilizers markets are provided by our network of reporters based locally in those markets.
This enables us to provide in-depth price assessments and market coverage that are reliable and up-to-date on the very latest developments.
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We offer the following regional Phosphate fertilizers analysis and news coverage to keep you informed of factors and developments affecting prices in the Phosphate fertilizers marketplace.
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Phosphate fertilizers: Market overview
The global phosphate market has been on a relatively firm footing during the past few years as demand for fertilizers has been strong on the back of concerns about food security, and a growing demand for crops as fuel. Strong feedstock ammonia and sulphur prices have also kept prices firm.
The growth in phosphate demand looks set to continue. However, supply is also increasing with new capacity coming onstream. This and reduced demand from India through 2013 are pressuring prices.
The 3m tonne/year Ma’aden Phosphate Plant in Saudi Arabia, which started up in 2011, is expected to produce 2.5m tonnes in 2013 before reaching full capacity in 2014. Meanwhile, Moroccan producer OCP is planning to build four new 1m tonne/year units between 2013 and 2015.
Chinese export policy can also impact the supply side. Currently China adopts a low and high export tax window that only makes exports viable for a certain period of the year. For 2013, the window has been extended by a month – running from mid-May to mid-October – and may mean more exports from China this year.
Updated to mid-August 2013