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

> Black Sea urea averaged USD 287.5 per ton in June 2023, down 12.7% from May and 58.3% year on year. The US Gulf DAP spot price fell 10.8% month on month to USD 454.5 per ton, while Morocco rock phosphate held near USD 344.5 per ton.

- Date: 2023-07-08 · published 2023-07-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/35353-international-fertilizer-price-report-june-2023-updates-and-analysis
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Sharply lower urea and phosphate prices reduce grain production costs, which can encourage fertilizer application and support future crop output.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- PHOSROCK: neutral

## Sources

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

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