Core Viewpoint - Global urea prices have generally increased, with most major regions raising prices, and some areas seeing increases exceeding $100 per ton [1]. Market Dynamics - The global fertilizer supply chain is facing disruptions due to escalating tensions, particularly affecting agricultural production. The strategic shipping route, the Strait of Hormuz, is restricted, impacting one-third of global urea exports, with exports from Qatar, Saudi Arabia, and Iran being hindered [5]. - As of March 6, international urea prices have risen, with some increases surpassing $100 per ton [5]. Resource and Production Types - **Upstream Resource Type**: - Potash resources (potash mines) - Phosphate resources (phosphate rock) - Nitrogen fertilizer resources (coal/natural gas) - Lithium resources (extended business) [5]. - **Basic Fertilizer Production Type**: - Nitrogen-based - Phosphate-based [5]. - **Downstream Distribution/Supply Chain Services**: - Composite fertilizer/new type fertilizer production [5]. - **Fertilizer Additives**: - Fertilizer aids/additives [5].