# Coronavirus: Spurt in fertiliser import costs seen due to plant closure | Market - Other Commodities - Business Standard

> Indian fertiliser importers expect higher costs if coronavirus disruptions in China shut plants and extend workers' holidays. Chinese New Year celebrations were cancelled and China's fertiliser exports could decline.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/4509-coronavirus-spurt-in-fertiliser-import-costs-seen-due-to-plant-closure-market
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Reduced Chinese output of fertilizer would tighten global supply and could push DAP and other fertilizer prices higher, raising feed-grain input costs over time.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2020-02-05 | 5 | +9.5% | 6.1 | Expected Chinese plant closures and lower fertiliser exports from the coronavirus raise import cost expectations for DAP buyers like India, a supply-side driver of the price jump. |
| DAP | 2020-02-06 | 5 | +9.5% | 5.5 | Chinese plant closures and cancelled holidays could cut China's fertiliser exports, raising import costs for buyers like India and lifting DAP prices through supply and trade-flow effects. |
| DAP | 2020-01-31 | 1 | +9.5% | 11.3 | Expected Chinese plant closures and lower fertiliser exports raise import-cost expectations for major DAP buyer India, supporting DAP prices through supply and sentiment channels. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-02-03 | [Coronavirus to hit China fertilizer market — Fertilizer Daily](https://feedsoft.ai/events/54898-coronavirus-to-hit-china-fertilizer-market-fertilizer-daily.md) | 0.0% | 0.0% |
| DAP | 2020-01-31 | [Coronavirus concerns may support Brazil phosphates \| Latest Market News](https://feedsoft.ai/events/4510-coronavirus-concerns-may-support-brazil-phosphates-latest-market-news.md) | +9.5% | +9.5% |
| DAP | 2020-02-24 | [Made-in-China fertilizer becomes scarce for top buyer](https://feedsoft.ai/events/54884-made-in-china-fertilizer-becomes-scarce-for-top-buyer.md) | +0.9% | -1.8% |
| DAP | 2026-04-07 | [Moroccan fertilizer maker OCP expects output to drop 30 per cent in Q2, sources say \| The Western Producer](https://feedsoft.ai/events/20045-moroccan-fertilizer-maker-ocp-expects-output-to-drop-30-per-cent-in-q2-sources.md) | +0.7% | +5.9% |
| DAP | 2020-06-26 | [Fertilizer Industry Largely Spared from COVID-19 Impact - ProAg](https://feedsoft.ai/events/52918-fertilizer-industry-largely-spared-from-covid-19-impact-proag.md) | +5.2% | +11.6% |
| UREA | 2020-04-06 | [FERTILISERS: Prices rise as production is hit by Covid-19 \| The Scottish Farmer](https://feedsoft.ai/events/53937-fertilisers-prices-rise-as-production-is-hit-by-covid-19-the-scottish-farmer.md) | +0.6% | -17.6% |

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/coronavirus-spurt-in-fertiliser-import-costs-seen-due-to-plant-closure-120013100872_1.html

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