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Fertilizer Prices

2 GoKawiil briefs on this topic

MIT Tech Review examines flaws in child-safety monitoring tools and fertilizer's fossil-fuel dependence

MIT Technology Review's latest coverage highlights two issues: digital child-safety tools that have prevented harms like suicide and predation but also caused false alarms and anxiety, with researchers proposing better alternatives. Separately, the outlet examines how agriculture's reliance on natural gas for fertilizer production has driven price volatility, worsened by the Iran conflict's impact on trade through the Strait of Hormuz.

Iran conflict pushes global fertilizer prices toward 2022 highs

Rising natural gas prices tied to the Iran conflict have driven up urea prices, which briefly exceeded $850 per metric ton in April—80% above pre-conflict levels and the highest since the Russia-Ukraine war disrupted markets in 2022. The Strait of Hormuz, through which roughly a third of global seaborne fertilizer trade passes, has been effectively shut to commercial shipping, threatening supply to some of the world's poorest nations.