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West Africa Fertilizer Watch

The number of new COVID-19 cases in the region rose by only 12 percent compared to 21 percent the previous week, confirming a decline that has lead governments to further ease movement, economic, and health restrictions. „ Six weeks after our first assessment, published on April 27, we look again at fertilizer global and domestic prices. International prices are stable, after a drop of around 20% over the last 12 months, and with a more marked drop for urea precipitated by the fall in oil prices (-7% since January). In the short- and medium-term, this may allow countries to import more fertilizers at affordable prices for this season, and further take advantage of lower prices later this year to rebuild stocks for the 2021 season