Trends in Fertilizer Prices

The 1980-87 declining trend in prices was induced by both the demand-side and the supply-side factors. 

Note Current urea and DAP prices are f.o.b. bulk, U.S. Gulf, and MOP price is f.o.b. bulk, Vancouver. 

Supply-demand balance estimates suggest that fertilizer markets during the late 1990s will be dominated by surpluses under most scenarios and therefore will continue to put downward pressures on prices. However, in 

In spite of low international fertilizer prices in the 1980s, many developing countries were not able to reap the benefits of increased fertilizer use because the domestic fertilizer prices increased rapidly due to subsidy removal and devaluatkxi of domestic currency. In Mexico, Zambia, and Turkey, fertilizer prices increased by over 2,0009 5,000% during the 1980-90 period [71. This created a paradoxical situation of declining fertilizer pricey in the world market and increasing domestic prices In several developing countries. 

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