The price trends in March 2025 across global fertilizers and energy markets show mixed signals, with some materials seeing stabilization while others experience significant shifts.
In March 2025, global fertilizer and energy markets show mixed trends. Black Sea Urea prices dropped 9.6% from February to $394.50/ton, but are up 20% compared to March 2024. The US DAP Spot Price rose 1.9% to $615/ton, nearly unchanged from last year. Morocco Rock Phosphate remains steady at $152.50/ton. Meanwhile, Henry Hub Natural Gas prices surged 5.12% to $4.11/MMBtu, marking a 167% increase from March 2024. These fluctuations reflect ongoing volatility in supply, demand, and geopolitical factors.
Black Sea Urea Price
The Black Sea Urea price for March 2025 stands at $394.50 per ton, marking a 9.6% drop from February 2025 ($437 per ton). However, it’s 20% higher than the same month last year (March 2024, $330 per ton), reflecting ongoing fluctuations in global supply and demand.
US DAP (Gulf) Spot Price
The US DAP Spot Price for March 2025 is $615 per ton, showing a modest 1.9% increase from February 2025 ($604 per ton). Interestingly, the price is nearly unchanged compared to March 2024 ($618 per ton), signaling stability in the market over the past year.
Morocco Rock Phosphate Price
The price of Morocco Rock Phosphate remains steady at $152.50 per ton for March 2025, unchanged since December 2023. This stability highlights a consistent trend in this key raw material.
Henry Hub Natural Gas Price
The Henry Hub Natural Gas price has surged to $4.11 per MMBtu in March 2025, a 5.12% increase from February 2025 ($3.91 per MMBtu). On a year-over-year basis, this is a staggering 167% rise compared to March 2024 ($1.54 per MMBtu), driven by continued volatility in global energy markets.
The prices highlight a dynamic and uncertain global landscape, with fluctuations in key raw materials influenced by seasonal factors, global demand, and geopolitical events. Monitoring these trends will be critical for strategic decision-making in the coming months.
Black Sea Urea spot price

US DAP (Gulf) Spot Price

Morocco Rock Phosphate Price

Henry Hub Natural Gas Price
