Urea and Phosphate Markets Rattle After Hormuz Shutdown

Описание: Urea and phosphate markets are reacting sharply as shipping through the Strait of Hormuz grinds to a halt, disrupting key nitrogen and phosphate export flows. Josh Linville, StoneX VP of Fertilizer, explains how the shutdown is locking in major global suppliers, lifting urea prices by around $70 per tonne, and exposing the lack of excess production capacity. He outlines what this means for supply chains, freight costs, and farmers worldwide.

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