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NO.21 EDITION, JULY, 2025
F-NEWS Fetilizer news weekly Link the GlobalFertilizer Business
DAP, a key fertilizer, now fuels energy transition via LFP batteries. 85-90% of phosphate goes to fertilizers; LFP may need 3M tonnes/year by 2050. Battery-grade requires purification, with premiums paid. Short-term price impacts; long-term, mines to serve both ag and energy.
Africa's 2024 NPK fertilizer consumption: 4.5M tons ($2.7B), up 6.9%/14%. Morocco leads. 2024-2035 forecast: CAGRs +2.6% (to 6M tons) and +3.5% (to $4B). 2024 imports: 1.8M tons; exports: 815K tons.
Vietnam's May 2025 fertilizer imports: $173.9m (+9.64% vs April), YTD $749.49m. China led at $64.08m (+31.10%). Canada, Philippines surged; S. Korea, Indonesia dropped. Demand up, driven by China and volatile suppliers.
FMC's Coragen eVo, registered in CA and AZ, targets Lepidopteran pests in specialty crops. 3x more active than original, lower application rates, aids IPM, works with other FMC insecticides, offering long control and savings.