In early December 2025, China’s fertilizer market entered a critical phase characterized by across-the-board cost increases and a continued tight supply–demand balance. Rising prices of raw materials such as sulfur and sulfuric acid have pushed up costs for phosphate fertilizers and potassium sulfate. Meanwhile, the potash market remains firm at high levels, supported by concentrated supply and rigid winter stocking demand.In the international market, a pattern of strong dem

China’s Annual Contract Anchors Global Pricing While Supply–Demand Dynamics Shape the Market In November 2025, China finalized its 2026 annual potash import contract—an event that quickly became the central anchor for global potash pricing. The agreement not only halted the price slide in several emerging markets but also ignited China’s winter fertilizer stocking season. At the same time, rising sulfur and sulfuric acid prices pushed production costs sharply higher, placing

By the end of November 2025, China’s fertilizer market displayed clear structural characteristics: While the potash sector benefited from the newly signed annual import contract that set a cost floor, downstream demand remained weak, limiting actual transactions and keeping the market in a state of fragile stability. Conversely, upstream raw materials such as phosphate rock, sulfur, and sulfuric acid showed structural upward trends driven by tight supply or cost-push effects.

In November 2025, China’s fertilizer market exhibited a clear trend driven by raw materials. Supported by increasingly tight supply, the potash fertilizer market continued its upward movement, forming a “high in the north, low in the south” price pattern. Meanwhile, sharp increases in the prices of sulfur, sulfuric acid, and other raw materials pushed phosphate compound fertilizer production costs sharply higher, triggering an upward adjustment in industry guideline prices. H

I. Comprehensive Overview of Fertilizer and Related Goods Imports and Exports in September 2025 (1) Export Market: Ammonium Sulfate Leads with Significant Overall Growth Since the beginning of 2025, China’s fertilizer export market has continued to expand, with total fertilizer exports from January to September reaching 33.363 million tons, marking a year-on-year increase of 45.4%. Among them, ammonium sulfate remained the dominant export variety, with cumulative exports reac

I. International Market Updates (1) Indonesia’s B50 Policy Marks a “Historic Turning Point” for Potash Demand Indonesia’s Minister of Energy and Mineral Resources, Arifin Tasrif, recently announced that biodiesel containing 50% palm oil-based biofuel (B50) has completed laboratory testing and is expected to be fully implemented in the second half of 2026, aiming to achieve zero diesel imports . This policy will reshape the palm oil industrial chain and trigger an explosive in

I. Import and Export Overview (January–September / September 2025) According to preliminary statistics from China Customs, in the first three quarters of 2025, China’s fertilizer trade showed a trend of “rising exports in both volume and value” and “declining imports in both volume and value.” Export growth in September alone was particularly significant. Detailed data are shown in the table below: Indicator Period Quantity (10,000 tons) Value (USD billion) YoY Change Other K

I. China’s Fertilizer Import & Export Data (Jan–Aug 2025) (1) Export Data: Key Product Breakdown Total Volume and Core Product Data...

Imports:   From January to July 2024, the top five imported fertilizers and raw materials in China were: Potassium chloride (excluding...

Thailand's Demand for Fertilizers Expected to Keep Growing The decline in compound fertilizer imports prices and the rise in rice export...

Egyptian Urea Plant to Resume Production; No Bids Received in India RCF Tender; Cameroon’s Fertilizer Imports Continue to Grow; Extreme...