I thought that fertiliser prices might have already peaked. BASF...

I thought that fertiliser prices might have already peaked. BASF says they will be soaring next year. That's pretty incredible considering how much they have already increased over the last 12 months.
Minbos will be starting production in the first half of next year. If BASF is right, then however good the DFS is when it comes out, it might prove conservative.

"We are reducing production at facilities that require large volumes of natural gas, such as ammonia plants," BASF Chief Executive said in a media call after the release of quarterly results, confirming an earlier Reuters report.

He added BASF would purchase some ammonia from external suppliers to fill gaps but warned farmers would face soaring fertiliser costs next year.

https://www.reuters.com/business/energy/basf-considers-more-ammonia-production-cuts-gas-supply-crunch-sources-2022-07-27/