# More bullish outlook to N and P prices, but K still soft.

> South African retail-level prices for urea and MAP rose week on week, while KCl potash stayed soft. Analysts expect urea to keep rising for at least a month as available stocks sell out through June. Brazilian demand remains weak despite higher offers.

- Date: 2024-05-24 · published 2024-05-24T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/30181-more-bullish-outlook-to-n-and-p-prices-but-k-still-soft
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Firmer nitrogen and phosphate prices raise crop input costs and signal tighter export availability, while soft potash offers little support. Feed buyers should expect nutrient costs to firm in the near term.

## Read by commodity

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

## Sources

- farmingportal.co.za: https://farmingportal.co.za/index.php/agri-index/68-crops/10671-more-bullish-outlook-to-n-and-p-prices-but-k-still-soft

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