FERTILISER PRICE UPDATE – 25th March 2025
Fertiliser prices over the last few weeks are hard to follow with urea prices following the global market but domestic MAP prices remaining fairly stable.
Urea – the price remains soft as the market awaits the next Indian tender. Domestically the price has been trending down,
Phosphates – AP’s have been firming throughout 2025. We now see a situation where domestic MAP prices are well below global replacement costs and local importers are looking to close this gap with prices slowly increasing.
For those that haven’t locked in all of your MAP and starter requirements for the Winter season we would recommend committing and locking in your volumes, as this weather event could ensure that last of the current domestic stock is fully contracted.
Global AP prices continue to firm on Chinese export restrictions, reduced global manufacturing, soft aussie dollar, and increased global demand for AP’s.
The current eastern fertiliser market is trading in the following ranges:
Urea high $700’s
MAP/DAP high $1000’s
Starter Z – (compound 10-22-02 + Zn 1%) mid-late $1100’s
SOA low-mid $400’s
SSP low $400’s
MOP has been steadily increasing, now late $600’s
Feel free to contact us for firm pricing and options. |