I. Executive Summary Entering late January 2026, the global fertilizer market is operating within a structural framework characterized by “high cost support + tight supply–demand balance.” In the Chinese market , phosphate fertilizers remain stable at elevated levels under the dual influence of supply-guarantee and price-stabilization policies together with persistently high raw-material costs. Potash prices are trending steadily upward, supported by low inventories and incre

In agricultural production, phosphate fertilizers are essential to crop growth and development. What many may not realize is that the starting point of most common phosphate fertilizers is often a pale yellow, brittle crystal or powder — sulfur . With a global annual output of approximately 70 million tons , around 80% of sulfur supply comes as a byproduct of petroleum refining and natural gas processing , making it deeply intertwined with the global energy landscape. Sulfur

Recently, China's sulfur market has continued to maintain a high-level consolidation trend, with large price fluctuations, forming a...