# Soaring fertilizer prices add to inflationary pressures and food security concerns :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> China has suspended fertilizer exports until June 2022 to protect domestic supply amid food security concerns. The article notes that China accounts for roughly one-third of global DAP trade and one-tenth of urea trade.

- Date: 2021-12-27 · published 2021-12-27T12:00:00.000Z
- Category: policy · region China · magnitude high
- Page: https://feedsoft.ai/events/43514-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A large export halt from a top phosphate and urea supplier tightens global availability and supports higher DAP and urea prices, raising input costs for feed grain producers.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-11-15 | [Soaring fertilizer prices add to inflationary pressures and food security concerns](https://feedsoft.ai/events/12681-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -0.7% | +2.6% |
| DAP | 2021-10-12 | [Fertilizer Prices Soar Near 2008 Highs on Supply Shocks, Concerns Sprout Over Sourcing Enough for 2022 U.S. Corn Acres - AgWeb](https://feedsoft.ai/events/44478-fertilizer-prices-soar-near-2008-highs-on-supply-shocks-concerns-sprout-over.md) | +0.4% | +6.6% |
| DAP | 2020-01-19 | [Meeting to be held to review the fertilizer prices and availability – PCPA](https://feedsoft.ai/events/55384-meeting-to-be-held-to-review-the-fertilizer-prices-and-availability-pcpa.md) | +0.7% | +9.3% |
| DAP | 2026-08-25 | [How fertilizer policies could exacerbate Hormuz price shocks - OPEC Fund for International Development](https://feedsoft.ai/events/17860-how-fertilizer-policies-could-exacerbate-hormuz-price-shocks-opec-fund-for.md) | -0.6% | +0.9% |
| DAP | 2023-12-22 | [Fertilizer Outlook: Global dynamics to influence 2024 fertilizer prices](https://feedsoft.ai/events/32630-fertilizer-outlook-global-dynamics-to-influence-2024-fertilizer-prices.md) | +0.9% | +3.9% |
| UREA | 2021-11-15 | [Soaring fertilizer prices add to inflationary pressures and food security concerns](https://feedsoft.ai/events/12681-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -0.6% | -1.8% |
| UREA | 2023-09-26 | [Fertilizer prices surge after China imposes export ban - VnExpress International](https://feedsoft.ai/events/34021-fertilizer-prices-surge-after-china-imposes-export-ban-vnexpress-international.md) | -3.2% | -6.5% |
| UREA | 2023-04-14 | [WTO Members Should Avoid Export Restrictions on Fertilizers to Deliver on Food Security \| International Institute for Sustainable Development](https://feedsoft.ai/events/36328-wto-members-should-avoid-export-restrictions-on-fertilizers-to-deliver-on-food.md) | -0.8% | +3.5% |

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security-concerns-1640599220.html

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