# Fertilizer prices surprisingly stable, despite Middle East conflict.

> South African retail fertilizer prices fell about 2.3% week-on-week to 12 October, with urea granular at R8,833 and MAP at R10,958. Nitrogen markets stayed quiet despite Middle East events, and Brazilian urea offers at $395/t were rejected. Mississippi River closure was expected to halt US fertilizer demand.

- Date: 2023-10-13 · published 2023-10-13T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/33950-fertilizer-prices-surprisingly-stable-despite-middle-east-conflict
- 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

Stable to slightly lower nutrient prices reduce input-cost pressure on local feed and crop producers, though the Middle East remains a risk.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- farmingportal.co.za: https://farmingportal.co.za/index.php/agri-index/68-crops/9974-fertilizer-prices-surprisingly-stable-despite-middle-east-conflict

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