# Mosaic expects phosphate and potash demand to return in second half of 2024

> Mosaic expects global phosphate and potash demand to rebound in the second half of 2024, led by Asia and Brazil. It projects annual phosphate sales of 73 to 76 million tons and potash sales of 70 to 73 million tons. The CEO also said China's phosphate exports are likely to stay limited.

- Date: 2024-08-07 · published 2024-08-07T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/28670-mosaic-expects-phosphate-and-potash-demand-to-return-in-second-half-of-2024
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Restricted Chinese phosphate exports and a demand recovery support fertilizer prices, which raises input costs for feed producers and grain growers.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-08-23 | [OCP’s Phosphate Exports Increased by 23.8% in First Half of 2021](https://feedsoft.ai/events/45877-ocp-s-phosphate-exports-increased-by-23-8-in-first-half-of-2021.md) | +2.2% | +7.6% |
| DAP | 2023-09-01 | [Moroccan Phosphate Exports See Steep Decline to $4 Billion in 2023](https://feedsoft.ai/events/34432-moroccan-phosphate-exports-see-steep-decline-to-4-billion-in-2023.md) | -0.7% | +0.3% |
| DAP | 2026-01-28 | [Phosphate prices expected to remain elevated in 2026 - Brownfield Ag News](https://feedsoft.ai/events/21369-phosphate-prices-expected-to-remain-elevated-in-2026-brownfield-ag-news.md) | +0.4% | +1.3% |
| DAP | 2022-10-05 | [Phosphate Exports in Morocco Rose by A Record 68% in 2022](https://feedsoft.ai/events/39464-phosphate-exports-in-morocco-rose-by-a-record-68-in-2022.md) | -1.7% | -6.2% |
| DAP | 2021-03-11 | [Mosaic - Morocco and Russia Subject to Phosphate Fertilizer Import Duties](https://feedsoft.ai/events/48049-mosaic-morocco-and-russia-subject-to-phosphate-fertilizer-import-duties.md) | -0.6% | +1.1% |

## Sources

- marketscreener.com: https://www.marketscreener.com/quote/stock/THE-MOSAIC-COMPANY-11900095/news/Mosaic-expects-phosphate-and-potash-demand-to-return-in-second-half-of-2024-47586317/

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