Willis Thomas

With the conflict passing two weeks, it becomes increasingly likely that still-operational #fertilizer plants will need to curtail output. Fertilizer traffic through the Strait of Hormuz is paralysed and prices for #urea, #ammonia, #sulphur and #phosphates have surged (1/3)

Strait of Hormuz is a key chokepoint — Gulf energy flows are now tightening related commodity supplies, notably #sulphur. Read CRU’s #MiddleEast sulphur analysis cited in the @WSJ article. Read more: ow.ly/Iu6850YrY6S #Fertilizer #MiddleEast #StraitOfHormuz #SupplyChain

Happy Intern Appreciation Week! At CRU, we are dedicating this week to our fabulous interns! Today we are celebrating the accomplishments of our former interns who have advanced in their careers within and outside of CRU. #InternAppreciationWeek #LifeAtCRU

Rising Chinese #phosphate supply coupled with lower export offers weighed on global #DAP prices, sparking buying interest from India's importers as affordability improved. DAP prices in India declined to $509-510/t CFR, reaching the lowest since 10 August 2023 (1/3)

Our Specialty Phosphate Service enables strategic decision-making through our comprehensive data and analysis on high-grade emerging #phosphate markets. Learn more: ow.ly/BjUf50QIBLN #batterymaterials #specialtyphosphates #phosphates

Our chart of the week shows high #urea stocks in India, suggesting little need for a tender in the immediate future #nitrogen #fertilizer

Our chart of the week shows India comfortable with #urea volumes given closing stocks for 2023 60% higher than a year earlier #fertilizer

In response to a major #phosphates producer's interest in pricing phosphorus units for LFP #cathodes, CRU's expert analyst and consultants conducted an extensive study of the industry. Stay ahead in the landscape of #LFP production: ow.ly/9oTz50QhKkW

What are the current key talking points in the fast-evolving #fertilizer industry? Join our complimentary webinar on 13th December 2023 at 1:00 PM GMT / 8:00 AM EST and get exclusive insights from our Head of Fertilizers, Chris Lawson. Register now: ow.ly/kUX250Qgfqt

We are thrilled to welcome Linda Zhang as our new Battery Metals APAC Lead! As battery technology evolves and global demand increases, Linda is ready to navigate the region’s complex but essential battery supply chains. Read more: ow.ly/Xgme50QgovM #batterymaterials

Wishing you a Thanksgiving filled with joy, love, and laughter! Happy Thanksgiving from CRU. 🦃

CRU International Limited, through its consultancy division CRU Consulting, and Stark Resources are partnering to support emerging mining operations through the provision of accurate, reliable market data, engineering services and ore sorting technology. (1/2)

This allows for more sustainable mining practices and accurate financial planning so that materials may be available for the #energytransition. To learn more about this partnership, get in touch with @WillisThomas , Head of CRU+. (2/2)

Our chart of the week shows the potential implications on Moroccan netbacks on sales of #MAP to the US from the recent decision to slash countervailing duties #phosphate #fertilizer

Investments by CNGR, LG Chem, and Huayou in Morocco represent a broader trend of Chinese companies seeking to establish a presence in the battery supply chain outside China. 🔋 Learn more: ow.ly/h1RO50Q4SQt #InvestmentTrends #EVs #TradeAgreements

Israel is a key player in the phosphate and #potash markets, with substantial resources and a significant share of global production. The Israel-Gaza conflict's proximity to critical export ports, like Ashdod, poses potential challenges for the export of these #fertilizers, potentially impacting the potash industry. The Israel-Gaza conflict is escalating, affecting more than just the global markets. Our hearts go out to the people and communities enduring the hardships caused by this protracted conflict. ow.ly/nGCH50Q3N0H

Our chart of the week shows the affect of changes in India's nutrient-based subsidy on margins for #DAP imports, adding pressure for declines in CFR prices #phosphate #fertilizer

ONE WEEK TO GO until our insightful webinar on 'The future of battery costs as influenced by technology, policy, and raw materials,' happening on 9 November 2023 at 10:00 AM GMT in partnership with A2MAC1. Register for free today: ow.ly/CzQo50Q2w0V #batterymaterials 🔋

Our chart of the week shows the importance of the Middle East region as a source of #fertilizer exports

Our chart of the week shows European #nitrogen profitability #fertilizer #ammonia #nitrates #urea