# All three nutrients continue to drift downwards as the fertilizer market sees weak demand.

> Weekly South African fertilizer prices showed KCl, nitrogen and potash all lower, with potash down 5.5% week on week. Urea prices eased, with the Middle East range reduced, though an Indian tender for 1.2-1.5 million tonnes is expected and Q4 seasonal demand is rising. The US was the only region with firmer urea, driven by a Florida hurricane and a rush to move barges before the river closes for winter.

- Date: 2022-10-07 · published 2022-10-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/39476-all-three-nutrients-continue-to-drift-downwards-as-the-fertilizer-market-sees
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Weak nutrient demand and softer urea and potash prices lower fertilizer costs, though an upcoming Indian tender could firm urea. Barge logistics on the Mississippi are a short-term factor for US urea.

## Read by commodity

- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- farmingportal.co.za: http://www.farmingportal.co.za/index.php/agri-index/68-crops/8567-all-three-nutrients-continue-to-drift-downwards-as-the-fertilizer-market-sees-weak-demand

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