September 17, 2025
<p>Retail fertilizer prices showed mixed strength in early September 2025, with the phosphorous fertilizer <strong>diammonium phosphate (DAP)</strong> rising about 5% to average <strong>$860/ton</strong>. This made it the strongest gainer among major fertilizers. Year-on-year, DAP is up around 16% while urea, MAP, and potash lag with smaller moves.</p>
<p>Market drivers include <strong>supply chain stresses</strong>, <strong>energy cost pressures</strong>, and <strong>regional trade policy changes</strong>, all of which are contributing to fertilizer price volatility.</p>
<ul>
<li><strong>DAP:</strong> $860/ton (+5% m/m, +16% y/y)</li>
<li><strong>Urea:</strong> ~$632/ton (slightly lower m/m)</li>
<li><strong>Potash:</strong> ~$487/ton (small gain)</li>
</ul>
<p><strong>Outlook:</strong> Expect further upward pressure on phosphate fertilizers into Q4 as energy costs rise, China’s export/tariff policies remain unpredictable, and demand from key crops strengthens.</p>
