# December '23 Farmer Fertilizer Focus - Phopshate

> StoneX's Josh Linville says global phosphate prices could fall if China leaves its export restrictions alone and lets supply recover. He notes that India's phosphate import pace and subsidy cuts could weaken demand, but restrictions would keep the market tight.

- Date: 2023-11-29 · published 2023-11-29T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/4322-december-23-farmer-fertilizer-focus-phopshate
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Chinese export policy and Indian import demand are the main swing factors, and the analyst leans bearish given high current global values.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-02-12 | [Market data analysis & forecasts - Fertilizer market](https://feedsoft.ai/events/20936-market-data-analysis-and-forecasts-fertilizer-market.md) | +0.2% | +30.0% |
| UREA | 2023-01-14 | [Key questions asked of fertiliser market experts for 2023 \| The Scottish Farmer](https://feedsoft.ai/events/37719-key-questions-asked-of-fertiliser-market-experts-for-2023-the-scottish-farmer.md) | -0.5% | -22.3% |
| UREA | 2021-06-28 | [State planner investigates fertilizer market, following record urea prices](https://feedsoft.ai/events/46503-state-planner-investigates-fertilizer-market-following-record-urea-prices.md) | +2.9% | +1.2% |
| UREA | 2026-10-28 | [DCM macro policy: Vietnam Fertilizer Export Tax Cut… \| Aveluro](https://feedsoft.ai/events/315-dcm-macro-policy-vietnam-fertilizer-export-tax-cut-aveluro.md) | -1.3% | — |
| UREA | 2022-10-03 | [U.N. pushes for global fertilizer price cut to avoid 'future crisis' \| Reuters](https://feedsoft.ai/events/39049-u-n-pushes-for-global-fertilizer-price-cut-to-avoid-future-crisis-reuters.md) | +2.0% | -12.6% |
| DAP | 2021-06-18 | [U.S. phosphate fertilizer prices: duties suspended in 2026](https://feedsoft.ai/events/46922-u-s-phosphate-fertilizer-prices-duties-suspended-in-2026.md) | +1.9% | +0.8% |
| DAP | 2026-04-30 | [New bill in the U.S. Senate aims to lower price of phosphate fertilizers \| Farm Office](https://feedsoft.ai/events/20048-new-bill-in-the-u-s-senate-aims-to-lower-price-of-phosphate-fertilizers-farm.md) | +4.8% | +7.3% |
| DAP | 2019-12-16 | [Diammonium phosphate to come down in Bangladesh — Fertilizer Daily](https://feedsoft.ai/events/5348-diammonium-phosphate-to-come-down-in-bangladesh-fertilizer-daily.md) | +2.7% | +3.5% |

## Sources

- stonex.com: https://www.stonex.com/en/insights/december-23-farmer-fertilizer-focus-phopshate/
- stonex.com: https://www.stonex.com/en-us/insights/december-23-farmer-fertilizer-focus-phopshate/
- stonex.com: https://www.stonex.com/en-us/insights/december-23-farmer-fertilizer-focus-potash/
- stonex.com: https://www.stonex.com/en-us/insights/december-23-farmer-fertilizer-focus-urea/

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