Tag: Mosaic

CRU Events will convene the Fertilizer AgriTech Forum in Texas at the Aloft Dallas Downtown, 7-9 September.

The Sulphur Institute’s (TSI’s) annual Sulphur World Symposium was held in Tampa, Florida this year, from May 9th-11th.

We compare and contrast the 2021 financial performance of selected major fertilizer producers following the publication of fourth quarter results.

Market Insight courtesy of Argus Media

More than 300 delegates from over 130 companies and 29 countries gathered for CRU’s Phosphates 2022 conference, 7-9 March.

More than 745 delegates from 335 companies and 50 countries gathered at the Hilton Downtown, Miami, Florida, 21-23 March, for the Fertilizer Latino Americano 2022 conference. The event was jointly convened by Argus and CRU.

Yara and Mosaic shocked markets with a settlement of $1,625/t c.fr for April, up $490/t on March, and the highest ever price recorded at Tampa, as the removal of Russian and Ukrainian ammonia supply impacted global prices, and Baltic rates soared to $1,500/t. However, April saw some of the global dislocations caused by the Russian conflict begin to ease, while the high prices saw buyers in the US delay purchases, leading to the Tampa price falling back $200/t for May loadings.

Spot ammonia prices made steep losses in west of Suez regions following the $200/t drop in the Tampa May contract price in late April, as supply and demand start to rebalance two months after the removal of Black Sea ammonia exports from the market. Yara has settled the Tampa contract price for May with Mosaic at $1,425/t c.fr, a $200/t drop from April.

Market Insight courtesy of Argus Media

Argus in collaboration with CRU will convene the 2022 Fertilizer Latino Americano conference in Miami, Florida, 21-23 March.