PODCAST: CF and Yara fertilizer production curtailment sends ripples across global markets

LONDON (ICIS)–The manufacture of fertilizer and by-product C02 is making headline news in the UK, although the end of ammonium nitrate production by CF Industries has far greater ramifications for the global market.

Inventories are low throughout the fertilizer chain following a period of planned and unplanned outages and strong demand in H1 2021, and this has limited the availability of key nitrogen fertilizers.

Prices for all nitrogen fertilizers are moving higher on a daily basis and the demand season has only just started. Some are already above levels seen during the 2007-2008 financial crisis.

The ICIS Fertilizer team gives its view on the current market situation and the impact across the globe.

Click here to listen in a new window.

Please also visit the ICIS topic page on the effect of natural gas prices on the fertilizer market