# Phosphates prices marching upwards as supply remains limited.

> South African retail prices for the week to 25 July rose for MAP by 3.7% and phosphate nutrient by 4.3%, while urea and potash were little changed. Analysts expect urea to soften in August unless demand firms, with a rise from September as Northern Hemisphere buying returns.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: market · region Southern Africa · magnitude low
- Page: https://feedsoft.ai/events/29599-phosphates-prices-marching-upwards-as-supply-remains-limited
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Limited phosphate supply and firmer MAP prices point to higher phosphate input costs, while weak urea demand suggests near-term nitrogen softness before seasonal buying lifts prices later in the year.

## Read by commodity

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

## Sources

- farmingportal.co.za: https://farmingportal.co.za/index.php/agri-index/68-crops/10849-phosphates-prices-marching-upwards-as-supply-remains-limited

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