20:26 31 March 2026
Serious shortages expected in fertilizer market, may effect this year’s harvest
The Israel and US attack on Iran may cause bigger problems than fuel prices, especially fertilizer shortages and risks to global harvests. The Persian Gulf supplies key inputs like urea, ammonia, sulfur, and gas, with up to 50 percent of global fertilizer production affected if disruptions continue. Prices have surged from about USD 460 to nearly USD 700 per ton, raising fears of lower crop yields and even food shortages, especially in countries like India. There are no strategic reserves or quick alternatives, so prolonged disruption could trigger a food price shock.
However, Poland could benefit, as producers like Grupa Azoty and Orlen may expand exports, particularly to Brazil.
(wnp.pl)
