# Mosaic downplays prospects for further potash, phosphate price dips - Grain Price News

> Mosaic says potash and phosphate markets remain fundamentally tight into next year, though prices have fallen to about $600 per tonne in Brazil. The company expects fall application to normalize and deplete channel inventories.

- Date: 2022-11-08 · published 2022-11-08T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/38624-mosaic-downplays-prospects-for-further-potash-phosphate-price-dips-grain-price
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Normalizing application and inventory drawdown can firm nutrient demand, limiting further price declines. Brazil's import pace is a key factor for soy and corn input costs.

## Read by commodity

- DAP: neutral
- POTASH: neutral

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/11/08/mosaic-downplays-prospects-for-further-potash-phosphate-price-dips/

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