# Soybean Season Drives Potash Demand But Prices Slump | CZ app

> The urea market is described as bearish while it awaits an Indian tender expected for September shipment. DAP prices are supported by demand from India and Pakistan, and potash prices in Brazil fell on affordability concerns. Indian urea stocks dropped to 8.7 million tonnes at end-July.

- Date: 2024-08-12 · published 2024-08-12T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/28676-soybean-season-drives-potash-demand-but-prices-slump-cz-app
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Expected Indian import demand may firm urea later, but weak Brazilian potash prices point to softer nutrient costs for South American crops.

## Read by commodity

- DAP: bullish ▲
- UREA: neutral
- POTASH: bearish ▼

## Sources

- czapp.com: https://www.czapp.com/analyst-insights/soybean-season-drives-potash-demand-but-prices-slump/

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