# International prices flat for all three nutrients, while the Rand continues to weaken.

> South African fertiliser prices were flat for nitrogen, phosphate and potash week-on-week as of 8 September. Urea markets were quiet while buyers awaited the Indian tender, which drew offers of 2.25 million tons against a 1 million ton target, with expectations of lower prices.

- Date: 2022-09-09 · published 2022-09-09T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/39899-international-prices-flat-for-all-three-nutrients-while-the-rand-continues-to
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

The anticipated Indian tender outcome is expected to cut urea values by $50-75/t, which would ease nitrogen input costs for feed producers.

## Read by commodity

- UREA: bearish ▼
- USDZAR: bearish ▼

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/agri-index/68-crops/8455-international-prices-flat-for-all-three-nutrients-while-the-rand-continues-to-weaken

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