Loading…
South African retail-level fertilizer prices for the week ending 22 August showed MAP up 3.7% and phosphate cost per kilogram up 4.3%, while urea and potash were essentially flat. Urea was pressured by an expected lower Indian tender price near $340/t CFR.
Rising phosphate costs and a softer urea outlook shift input economics for feed and crop producers, with the Indian urea tender a near-term signal for global nitrogen pricing.
farmingportal.co.zaAug 23, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
