
South African retail prices for fertilizer rose sharply in the week to 27 June, with MAP up 14.5% and phosphate nutrient cost up 17% week on week. Urea and potash also rose modestly, at 1.8% and 2.4%.
Higher phosphate and urea prices reflect firming global fertilizer markets, lifting input costs for grain and oilseed producers and supporting prices for crops that compete for acreage.
Not 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.