# Urea and Phosphates mostly flat, while Potash takes a 5% step down

> Weekly South African prices show urea and MAP mostly flat, while potash fell 5.1%. An Indian urea tender offered about $520/t CFR, with some cargoes from China despite its export ban.

- Date: 2022-07-22 · published 2022-07-22T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/40418-urea-and-phosphates-mostly-flat-while-potash-takes-a-5-step-down
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Low tender offers and Chinese cargoes push down global urea and potash benchmarks, easing nitrogen and potash costs for feed producers.

## Read by commodity

- DAP: neutral
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/farming-news/international-news/8242-urea-and-phosphates-mostly-flat-while-potash-takes-a-5-step-down

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