Rise in fertilizer prices has not yet completely stopped - level remains high As a result of rising energy prices, with a focus on natural gas, as well as increased grain prices, fertilizer prices have doubled or tripled . Higher transport costs for the heavy load fertilizer and, last but not least, logistical bottlenecks have also fueled the price increase. The fear of major exporting countries such as China and Russia that they will no longer be able to secure their own supply has led to export restrictions with the result that global supplies are even tighter. In the case of potash , the political conflict with the important potash supplier Belarus caused an additional price hike. The increased price level has caused a number of N fertilizer producers to resume production that was temporarily shut down. That stopped the sharp rise in the N price, but the price level reached will at least be maintained.Forward rates for selected fertilizers at different loading locations:
| In $ / t | Jan 22 | Feb 22 | March 22 | May 22 | Jun22 | Sep 22 |
| Urea fob egypt | 827.58 | 765.00 | 760.00 | 395.00 (?) | 446.50 | 620.00 |
| Urea fob us gulf | 622.50 | 624.00 | 624.00 | 612.50 | 597.50 | 750.00 |
| DAP fob Nola | 722.50 | 722.50 | 725.00 | 700.00 | 700.00 | 675.00 |
The forward prices show firm to slightly declining prices for the first months of 2022. In the post-fertilization season , slightly lower prices are only traded for a short time; in the late summer months, however, prices pick up again significantly.This is based on the expectation that the supply bottlenecks will last for a long time . Production is expected to remain below the increase in consumption in the years to come.
