# Phosphate Fertilizer Monthly: Limited Demand in Domestic and International Markets Leads to Weak Market Consolidation

> China's domestic phosphate fertilizer market weakened in April 2024 on sluggish demand and reduced operating rates. The 55% powdered MAP index fell 5.69% to 2,881.25, while DAP saw minor price corrections. Port inventories rose and export volumes fell sharply year on year.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/31056-phosphate-fertilizer-monthly-limited-demand-in-domestic-and-international
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Weak Chinese phosphate prices and export volumes point to soft global phosphate demand, which may keep DAP prices under pressure. Lower fertilizer costs are a minor offset for feed grain producers.

## Read by commodity

- DAP: bearish ▼

## Sources

- fdd-global.com: https://www.fdd-global.com/article-hot-news/phosphate-fertilizer-monthly-limited-demand-in-domestic-and-international-markets-leads-to-weak-market-consolidation.html

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