# Phosphate Prices rise sharply.

> 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%.

- Date: 2024-06-28 · published 2024-06-28T12:00:00.000Z
- Category: market · region South Africa · magnitude medium
- Page: https://feedsoft.ai/events/30110-phosphate-prices-rise-sharply
- 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

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.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/agri-index/68-crops/10768-phosphate-prices-rise-sharply

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