Faou: Fertilizer trade drops 30 percent
The Food and Agriculture Organization (FAO) indicates that global fertilizer trade declined by 30% during the first four months of 2026, with trade volume reaching 41 million tons compared to 58 million tons in the same period of 2025. This decrease is attributed to the war in the Middle East and export restrictions imposed by countries such as China and Turkey. Additionally, the value of trade fell by 18%, totaling $18 billion, with expectations of a slow and irregular market recovery despite the reopening of the Strait of Hormuz.
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