# Fertilizer prices steady this week; Nitrogen and Potash may move down, Phosphates looking stronger.

> Weekly South African retail fertilizer prices were steady, with urea and MAP up slightly and KCl down 1.1%. Urea prices in global markets were flat after a $50/t drop the previous week, while Brazil rose by up to $15/t on a single transaction. Analysts expect weak urea sentiment to persist and see phosphates strengthening.

- Date: 2023-12-01 · published 2023-12-01T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/4325-fertilizer-prices-steady-this-week-nitrogen-and-potash-may-move-down-phosphates
- 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

Global urea weakness and Brazilian volatility point to further pressure on nitrogen prices, while firmer phosphate values raise input costs for feed-linked producers.

## Read by commodity

- DAP: bullish ▲
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/agri-index/68-crops/10160-fertilizer-prices-steady-this-week-nitrogen-and-potash-may-move-down-phosphates-looking-stronger
- farmingportal.co.za: http://www.farmingportal.co.za/index.php/agri-index/68-crops/10160-fertilizer-prices-steady-this-week-nitrogen-and-potash-may-move-down-phosphates-looking-stronger

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