# International Fertilizer Price Report: Nov 2023 Updates and Analysis -

> The November 2023 international fertilizer report shows Black Sea urea at $385.5 per ton, down 6.29% month on month and 34.52% year on year. US DAP spot was $535.63 per ton, up 0.16% from October, while Henry Hub natural gas averaged $2.75 per MMBtu.

- Date: 2023-12-17 · published 2023-12-17T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Lower urea and natural gas costs ease nitrogen fertilizer expenses for grain growers, while firm DAP prices keep phosphate costs elevated for the coming season.

## Read by commodity

- DAP: neutral
- UREA: bearish ▼
- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-10-05 | [International Fertilizer Price September'21 Update -](https://feedsoft.ai/events/44881-international-fertilizer-price-september-21-update.md) | +6.2% | +11.5% |
| UREA | 2023-04-08 | [Global Fertilizer Price Updates: March’ 2023 -](https://feedsoft.ai/events/5937-global-fertilizer-price-updates-march-2023.md) | +8.3% | +8.3% |
| UREA | 2023-12-18 | [India notified trend of average International prices of fertilisers upto Nov 2023 -](https://feedsoft.ai/events/33033-india-notified-trend-of-average-international-prices-of-fertilisers-upto-nov.md) | +1.6% | +2.4% |
| UREA | 2024-01-28 | [India notified trend of average International prices of fertilisers upto Dec 2023 -](https://feedsoft.ai/events/32432-india-notified-trend-of-average-international-prices-of-fertilisers-upto-dec.md) | -1.4% | +0.1% |
| UREA | 2023-07-30 | [India’s Fertilizer Report Card for Q1FY’23-24: Record Production, Imports, and Sales -](https://feedsoft.ai/events/5886-india-s-fertilizer-report-card-for-q1fy-23-24-record-production-imports-and.md) | -5.9% | -10.4% |
| DAP | 2023-12-17 | [US (Gulf) DAP Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33034-us-gulf-dap-price-report-nov-2023-updates-and-analysis.md) | +0.9% | +3.9% |
| DAP | 2022-09-27 | [Fertilizer Prices, Rates, and Costs for 2023 - farmdoc daily](https://feedsoft.ai/events/11906-fertilizer-prices-rates-and-costs-for-2023-farmdoc-daily.md) | -2.6% | -2.2% |
| DAP | 2019-08-20 | [Itafos reports 2Q19 financial results and operational highlights \| World Fertilizer](https://feedsoft.ai/events/57910-itafos-reports-2q19-financial-results-and-operational-highlights-world.md) | -0.5% | -3.6% |

## Sources

- fertiliserindia.com: https://fertiliserindia.com/international-fertilizer-price-report-nov-2023-updates-and-analysis/

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