# Fertiliser appears reasonably priced with demand increasing - Farmers Weekly

> UK fertiliser prices are at their lowest level in three years as demand has been slow, though on-farm buying is picking up. Spot quotes included urea at £345/t, ammonium nitrate at £325/t, DAP at £565/t and TSP at £430/t. CF Industries reported that the global nitrogen market has moved into oversupply.

- Date: 2024-05-07 · published 2024-05-07T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/30600-fertiliser-appears-reasonably-priced-with-demand-increasing-farmers-weekly
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Global nitrogen oversupply and weak forward demand suggest fertiliser costs will stay low or fall further, which eases input costs for livestock producers.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼
- UREA: bearish ▼

## Sources

- fwi.co.uk: https://www.fwi.co.uk/business/markets-and-trends/input-prices/fertiliser-appears-reasonably-priced-with-demand-increasing

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