# International Fertilizer prices stable, while weaker Rand pushes local prices up.

> Farmingportal reports international fertilizer prices were stable in the week to January 19, while a weaker rand lifted local South African prices. Urea is oversupplied, with Brazilian prices easing and US import demand expected to be firm for spring.

- Date: 2023-01-20 · published 2023-01-20T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/37721-international-fertilizer-prices-stable-while-weaker-rand-pushes-local-prices-up
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand raises local input costs in South Africa, while oversupplied global urea keeps international nitrogen prices under pressure.

## Read by commodity

- UREA: bearish ▼
- USDZAR: bullish ▲

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/agri-index/68-crops/8963-international-fertilizer-prices-stable-while-weaker-rand-pushes-local-prices-up

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