Fertilizer market: Prices are still falling at the moment, but firmer again in fertilizer season 23 The natural gas prices, which fell again after the Ukraine shock, in 2022 meant that urea prices, the world's leading product for N fertilizers, also fell significantly in the period after the main fertilizer phase. In a market structure similar to a monopoly, the reduced corn prices also play a role in pricing. However, if you look at the futures rates on the leading stock exchanges in the spring months of 2023 , the N prices can already be expected to firm up or rise again. In view of the demand in the main fertilizing season, such a development is only logical. The phosphate prices have also fallen and are only slightly above the pre-war level. In a multi-year comparison, however, the level is still above average. Potash prices , on the other hand, hardly show any signs of falling further.The background are the restrictions for the two world-renowned producers and exporters, Russia and Belarus , with the result that global supplies have become tighter. Belarus, in particular, is cut off from the sea route and is attempting to export through Russia via expensive land routes. With growing demand in the spring of 2023 , prices can at least be expected to be fixed or tend to rise. This is also indicated by the futures prices on the stock exchanges.
