# Waypoint

> A monthly fertiliser market review reports that September saw notable price increases in the Arabian Gulf, Brazil, Egypt and NOLA, while Chinese yellow phosphorus and urea prices fell. China's urea inventories rose to about 1 million MT and potash prices were stable at about USD 343/MT FOB.

- Date: 2024-10-02 · published 2024-10-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28180-waypoint
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Rising prices in key import regions and high Chinese urea output signal mixed fertilizer cost pressure for feed grain producers, with urea bearish from China but firm elsewhere.

## Read by commodity

- DAP: neutral
- UREA: neutral
- POTASH: neutral

## Sources

- waypointcommodities.com: https://waypointcommodities.com/news/september-fertiliser-market-update-shifts-and-trends

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