Global sales of phosphorus fertilizers remain stable according to Nutrien
As the specialists of Nutrien report, the demand for phosphorus fertilizers remains stable in most key markets.
At the same time, the high cost of raw materials for the production of phosphorus fertilizers and the ban of their supplies from some countries support their prices and prevent them from falling. The only factor that can lead to a reduction in the cost of phosphorus fertilizers in the global market may be the situation with their imports in India. It creates uncertainty with the supplies of these fertilizers to the Indian market in the second half of the year.