(TR) According to the latest forecast of the World Bank, fertilizer prices may rise by over 30% in 2026, and the main reason is disruptions in the Middle East region. The situation in the Strait of Hormuz, through which about one-third of the world's fertilizer trade flows, is particularly significant.
(TR) In March, the market reacted with sharp price increases. Let us remind you that the prices of urea jumped to 725.6 USD/t (+53.7% m/m), reaching the highest level in four years. Other fertilizers also became more expensive: DAP cost 658.3 USD/t (+5%), and potash increased to 380.6 USD/t. Overall, the index
