---

**IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20200227-global-phosphate-fertilizer-prices-are-rising/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page.

---

# Global phosphate fertilizer prices are rising

Publication Date: 2020-02-26T21:29:03-05:00
Last Updated: 2020-02-25T21:32:50-05:00

Author: Elena Shalashnik (https://www.fertilizerdaily.com/author/shea2707/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Global phosphate fertilizer prices are rising](https://www.fertilizerdaily.com/wp-content/uploads/2020/02/phosagro-phosphate.jpg)

Things start changing in a quite noticeable way.

In the first two months of this year, a considerable recovery in prices for phosphate-based fertilizers have been seen on the global market due to the upcoming spring field work and the expected production cutbacks by a number of major producers, according to PhosAgro press release on the company’s financial performance in 2019.

“Since the beginning of the year, we have already seen a significant recovery in prices for phosphate-based fertilizers from minimum levels against the backdrop of the approaching spring season, the announced production cutbacks by a number of leading global producers and the high availability of fertilizers. In addition, there is a risk of restrictions on supply of fertilizer from China,” commented PhosAgro CEO Andrey Guryev. “The recovery in prices, together with expectations of growth in demand in those markets where the company has strong positions (the domestic market of Russia, Eastern Europe and Latin America), allow us to count on growth in sales volumes of final products and maintaining high business returns.”

Tags: [PhosAgro](https://www.fertilizerdaily.com/tag/phosagro/), [Phosphate fertilizer](https://www.fertilizerdaily.com/tag/phosphate-fertilizer/)

---

**About Fertilizer Daily:**

Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales.

We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.