# Market volatility cited for fertiliser price lift

> Ballance Agri-Nutrients raised New Zealand prices on some fertiliser products after global DAP prices rose by over US$100 per tonne. DAP rose $120 to $1,259 a tonne, and urea and other products also increased by about $20-24 a tonne.

- Date: 2024-09-02 · published 2024-09-02T12:00:00.000Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/28657-market-volatility-cited-for-fertiliser-price-lift
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher global DAP and urea costs are passing through to local farm input prices, squeezing margins for livestock and feed producers. The move reflects tighter global phosphate supply.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/markets/market-volatility-cited-for-fert-price-lift/

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