MOS · News · 20260805N

Macroeconomic Factors Impact

MOSAIC CO · 2026-08-05 · Importance 46 · Surprise 42

The closure of the Strait of Hormuz and a Kazakhstan blockade disrupted global sulfur flows, sharply increasing sulfur costs for Mosaic’s phosphate operations. The Iran war and constrained sulfur availability contributed to production curtailments in the United States and Brazil during the second quarter of 2026. Elevated input costs and fertilizer-market volatility are expected to pressure phosphate profitability until supply conditions improve.

Key facts

• The disruption to global sulfur flow was attributed to the closure of the Strait of Hormuz and the Kazakhstan blockade. source