INFOGRAPHIC: Middle East fertilizer shock tightens spring nutrient supply
The outbreak of conflict in the Middle East on Feb. 28 has rapidly driven up global fertilizer prices, with the region’s role as a major exporter amplifying market volatility. Granular urea prices have surged 38.8% during the critical spring application season â from below $500/mt in late February to $680/mt by March 13. Ammonia logistics have also been strained, as vessel delays and haltedThe outbreak of conflict in the Middle East on Feb. 28 has rapidly driven up global fertilizer prices, with the region’s role as a major exporter amplifying market volatility. Granular urea prices have surged 38.8% during the critical spring application season â from below $500/mt in late February to $680/mt by March 13. Ammonia logistics have also been strained, as vessel delays and haltedRead More