Episode Details

Fertilizer prices surge globally due to the US-Iran conflict, disrupting Middle Eastern exports of urea, phosphates, and sulphur. Key producers like Qatar and Iran face facility strikes, while China imposes export curbs. Australian farmers bear the brunt, with urea prices soaring to record highs. CRU Group reports 1.9 million tons of urea production offline. India and Australia are major buyers, with India tendering for 2.5 million tons. Expect high costs to impact food production until the regions instability subsides.

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