# Chatham Rock comments on strong phosphate prices | BusinessDesk

> Chatham Rock Phosphate notes that rock phosphate prices remain strong despite falling nitrogen and potash prices. It attributes the strength to payment restrictions and higher insurance premiums hindering phosphate fertilizer imports from Russia, along with Morocco's export moves.

- Date: 2023-06-27 · published 2023-06-27T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/35813-chatham-rock-comments-on-strong-phosphate-prices-businessdesk
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Logistics and sanctions-related frictions limiting Russian phosphate flows support phosphate prices, keeping phosphate input costs elevated for livestock feed producers.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-03-22 | [CRU comments on all-time high fertilizer prices \| World Fertilizer](https://feedsoft.ai/events/42212-cru-comments-on-all-time-high-fertilizer-prices-world-fertilizer.md) | +2.1% | 0.0% |
| DAP | 2024-03-25 | [High prices to curb southern LatAm phosphate imports \| Latest Market News](https://feedsoft.ai/events/31532-high-prices-to-curb-southern-latam-phosphate-imports-latest-market-news.md) | -10.7% | -13.4% |
| DAP | 2026-10-15 | [Morocco’s phosphate giant opens its doors to foreign investors as Iran war squeezes finances \| Business Insider Africa](https://feedsoft.ai/events/686-morocco-s-phosphate-giant-opens-its-doors-to-foreign-investors-as-iran-war.md) | 0.0% | — |
| DAP | 2026-03-10 | [Nitrogen and Phosphate Markets Enter Supply Shock](https://feedsoft.ai/events/20101-nitrogen-and-phosphate-markets-enter-supply-shock.md) | -0.9% | +10.2% |
| DAP | 2019-07-29 | [The Polisario warns a Chinese firm against importing phosphate rocks from the Sahara](https://feedsoft.ai/events/58413-the-polisario-warns-a-chinese-firm-against-importing-phosphate-rocks-from-the.md) | -0.7% | -2.5% |

## Sources

- businessdesk.co.nz: https://www.businessdesk.co.nz/markets/chatham-rock-comments-on-strong-phosphate-prices/LFDNDTVGZZLL7HG4E27KFAB7Z4/
- businessdesk.co.nz: https://www.businessdesk.co.nz/nzx-announcements/chatham-rock-phosphate/413743/

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