# Supply will not match demand for high-purity phosphate

> Oxford Analytica reports that supply of high-purity phosphate will not keep pace with demand. Prices have risen since China's export tariffs, Moscow's export ban and Russia's invasion of Ukraine. Demand from lithium iron phosphate batteries for energy storage is adding upward pressure, and a US court withdrew approval for an Idaho phosphate rock mine.

- Date: 2023-08-16 · published 2023-08-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/34892-supply-will-not-match-demand-for-high-purity-phosphate
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The high-purity phosphate niche is driven by battery demand rather than feed or crop fertilizer, so its direct effect on feed-relevant phosphate prices is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-03-20 | [High global phosphate prices pose potential food security risks \| IFPRI](https://feedsoft.ai/events/25903-high-global-phosphate-prices-pose-potential-food-security-risks-ifpri.md) | +0.2% | +2.5% |
| DAP | 2026-09-05 | [CoBank warns higher fertilizer prices are structural as phosphate capacity forecast drops 13%](https://feedsoft.ai/events/17780-cobank-warns-higher-fertilizer-prices-are-structural-as-phosphate-capacity.md) | +0.9% | +1.3% |
| DAP | 2026-04-14 | [Middle East war cuts fertilizer supply, dents Brazil’s demand](https://feedsoft.ai/events/20028-middle-east-war-cuts-fertilizer-supply-dents-brazil-s-demand.md) | +0.3% | +5.2% |
| DAP | 2023-03-24 | [Morocco: Decline in Phosphate Sales - The Maghreb Times !](https://feedsoft.ai/events/37185-morocco-decline-in-phosphate-sales-the-maghreb-times.md) | +0.8% | +4.1% |
| DAP | 2023-02-03 | [Morocco’s Phosphate Exports Hit Over $11 Billion in 2022](https://feedsoft.ai/events/37650-morocco-s-phosphate-exports-hit-over-11-billion-in-2022.md) | -5.5% | -8.6% |

## Sources

- doi.org: https://doi.org/10.1108/oxan-db281263

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