# Q2 Fertilizer Review — Chewachem Ltd.

> A Q2 review says urea and DAP were volatile, while MOP stayed mostly stable. Urea ended the quarter near USD 380 CFR, up 3.8% on the quarter after Egyptian plants closed on gas shortages. Container freight rates rose 2-3 times, and Chinese urea exports remained halted until at least August.

- Date: 2024-07-05 · published 2024-07-05T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29178-q2-fertilizer-review-chewachem-ltd
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Egyptian gas-related outages and Chinese export halts support urea prices, and higher freight adds to delivered costs for importers.

## Read by commodity

- UREA: bullish ▲
- POTASH: neutral

## Sources

- chewachem.com: https://www.chewachem.com/blog/q2-fertilizer-price-review

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