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CEO OF THE FERTILIZER INSTITUTE COMMENTS ON FLOW OF PRODUCT FOLLOWING OPENING HORMUZ
Jun. 22, 2026
Agri-Pulse reports:
Even in the best-case scenario for resuming key cargoes through the Strait of Hormuz, it will take time for disrupted energy and fertilizer markets to recover, says Corey Rosenbusch, president and CEO of The Fertilizer Institute.
"While the strait is open or reopening, it's really just an early step," Rosenbusch said in a news briefing on Friday. "Supply chains won't automatically just be flipped back on like a switch. Restoring some of these trade flows and repositioning supply chains will take some time."
Rosenbusch stressed three points based on talks with the industry and farmers:
•The current planting season is largely finished in the Northern Hemisphere, including the U.S. Even with the strait closed, some fertilizer in the last few weeks has dropped to prewar values.
•TFI estimates 3 million to 4 million tons of urea, a key nitrogen fertilizer, are stuck behind the strait. It's not clear how much of the urea has already been sold. "You can't necessarily assume that this is going to be new supply coming into the market, especially with some of the dependence of India from that region," Rosenbusch said.
•The extent of damage to facilities in the region isn't known. It could take months for some plants to come back online, especially for oil and natural gas. That's important because sulfur, a key raw material for phosphate fertilizer, is a major byproduct of oil refineries. The lack of access to sulfur has caused phosphate plants around the world to curb production.
Roughly 40% of the world's traded export urea passes through the Strait of Hormuz, and about half of sulfur supplies, according to TFI.
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