MOS · 8-K · 20260804PR000109
Sulfur Availability and Affordability
MOSAIC CO · 2026-08-04 · Importance 66 · Surprise 74 · In source text
Management said second-quarter conditions were driven primarily by sulfur availability and affordability challenges. Second-quarter sulfur costs averaged $522 per long ton, while third-quarter contracts with U.S. Gulf Coast refiners were settled at $705 per long ton, with the higher contract price expected to affect fourth-quarter results. Sulfur and ammonia market disruptions are driving elevated raw-material costs and production curtailments across the global phosphate industry. Mosaic expects the raw-material environment to be temporary, but the timing of normalization remains uncertain.
Key facts
- Commodity fertilizer production is in the process of being idled in Brazil due to sulfur affordability and availability source
- Third-quarter sulfur contracts were settled at $705/long ton source
- Second quarter raw material costs averaged $522 per long ton for sulfur source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | — | Commodity fertilizer production is in the process of being idled in Brazil due to sulfur affordability and availability |
| operating_income | negative | probable | — | Third-quarter sulfur contracts were settled at $705/long ton |