# Phosphate Rock Market: 2020 Trends and 2021 Forecast – Phosphate Price

> Phosphate rock and DAP prices rose from mid-2020 after a year of losses, with DAP in the US up 58% to $388.50/MT by December 2020. Tight supply, pandemic output constraints and underperforming new facilities drove the rally. Buyers returned once prices were seen as bottoming.

- Date: 2021-03-03 · published 2021-03-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/12870-phosphate-rock-market-2020-trends-and-2021-forecast-phosphate-price
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Tight phosphate supply and recovering demand support higher phosphate rock and DAP prices, which lifts the cost of phosphorus fertilizer for crop producers.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- phosphateprice.com: https://phosphateprice.com/phosphate-rock-market-2020-trends-and-2021-forecast/

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