The market is not sure if Chinese nitrogen plant closures are permanent. The country is a main source of production.  |  File photo

Nitrogen cheapest in years, but low might be in

Nitrogen fertilizer prices have bottomed out, according to one of the world’s largest manufacturers. Jochen Tilk, president of PotashCorp, told investment analysts during the company’s second quarter earnings conference call that a low point in the market has been reached. He said the “challenging price environment” will continue to weigh on PotashCorp margins for the […] Read more

Phosphate production in countries like Morocco is expected to increase amid rising demand, which should help to keep prices stable.  |  REUTERS/Youssef Boudlal photo

Excess capacity will keep phosphate prices stable

Phosphate prices are likely to stay where they are as one major supplier of the product reduces exports at a time when two others are increasing world supplies. James O’Rourke, president of Mosaic Co., the world’s largest producer of the product, recently told investment analysts to expect reduced sales from China this year. “With economic […] Read more