# Phosphate Outlook 2022: Geopolitics to be a Key Market Mover :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> Phosphate prices rose through 2021, with US DAP climbing 76% to US$745 per ton by December, a 13-year high. Drivers included a US countervailing duty on Moroccan and Russian phosphate, transport problems and higher energy costs. The outlook for 2022 highlights geopolitics as a key factor.

- Date: 2022-02-12 · published 2022-02-12T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/43013-phosphate-outlook-2022-geopolitics-to-be-a-key-market-mover-content-tap-oan-hoa
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Tight phosphate supply and strong demand from phosphate-intensive crops such as corn and soybeans point to continued upward pressure on fertilizer costs.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/phosphate-outlook-2022-geopolitics-to-be-a-key-market-mover.html

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