# Growing Global P Demand Helps Outlook

> DTN reports that global phosphate fertilizer demand is expected to grow, led by African countries, while the market should stay fairly balanced. US phosphate demand fell 10% from 4.0 to 3.6 million metric tons in 2019 because bad weather left millions of acres unplanted. Indian P fertilizer demand was flat, and lower DAP, MAP and TSP imports reflected high stocks.

- Date: 2019-12-23 · published 2019-12-23T12:00:00.000Z
- Category: weather · region Global · magnitude low
- Page: https://feedsoft.ai/events/10019-growing-global-p-demand-helps-outlook
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Weather-driven cuts in US application reduced phosphate demand, while growth in Africa supports future DAP and TSP demand. The outlook points to a balanced market rather than a sharp price move.

## Read by commodity

- DAP: neutral
- TSP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-11-07 | [Mosaic misses profit estimates on lower fertilizer prices, Hurricane Ian damage](https://feedsoft.ai/events/38990-mosaic-misses-profit-estimates-on-lower-fertilizer-prices-hurricane-ian-damage.md) | +0.7% | -6.0% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/12/23/growing-global-p-demand-helps

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.