
Cottonseed Meal CAS: 68308-87-2

Urea prices climbed 13.92% over the past month, making it one of July 2026's strongest commodity fertilizer rallies. Despite the impressive rebound, prices remain below year-ago levels, highlighting the complex balance between short-term market momentum and longer-term pricing trends facing fertilizer buyers.

Diammonium phosphate averaged $910 per ton in early July 2026. This price resilience stands out as six of eight major fertilizers moved lower, signaling specific supply constraints for phosphate buyers. INDUSTRY: Fertilizers

The recent persistence of DAP price strength underscores a tightening phosphate supply chain, heightened global fertilizer demand, and growing procurement risks for agriculture stakeholders. As phosphate trade remains constrained, buyers must reassess sourcing strategies amid volatile market conditions.

China’s decision to withhold phosphate exports until August is tightening the world’s most vital crop nutrient supply. The move is driving up fertilizer prices, raising crop input costs, and creating ripple effects across global food supply chains. Farmers and food companies must adapt to this new uncertainty.

With a third US service member casualty reported, the Gulf disruption is set to extend. For fertilizer buyers, this means prolonged pressure on urea, ammonia, and DAP export capacity from the region.

Morocco enters H2 2026 with OCP firmly established as one of the world's most strategically important fertilizer suppliers. The Hormuz disruption strengthened the company's role in global procurement, transforming its Atlantic export route into a long-term competitive advantage.
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