# Coronavirus concerns may support Brazil phosphates | Latest Market News

> Coronavirus lockdown in Hubei province has halted transport and may limit phosphate movement. MAP 11-52 rose to $310/t cfr Brazil from $278/t at end-December, though still well below a year earlier.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: disease · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/4510-coronavirus-concerns-may-support-brazil-phosphates-latest-market-news
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Hubei is a major phosphate and NPK production hub, so logistics halts could tighten global supply and support Brazilian phosphate prices, though high Brazilian inventories cap gains.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2020-01-31 | 1 | +9.5% | 11.3 | Hubei lockdown halting transport and limiting phosphate movement lifted MAP cfr Brazil from $278/t to $310/t, a direct phosphate supply-disruption price signal consistent with DAP's jump. |
| DAP | 2020-02-06 | 5 | +9.5% | 5.5 | Hubei lockdown halting transport may limit Chinese phosphate movement, and MAP prices into Brazil are already rising, which supports DAP via supply and trade-flow tightness. |
| DAP | 2020-02-05 | 5 | +9.5% | 6.1 | Hubei lockdown halting phosphate transport lifted MAP cfr Brazil from $278 to $310/t, directly showing phosphate price strength in the same period. |

## 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 | 2026-09-28 | [Sulfur shock deepens Brazil’s Phosphate fertiliser squeeze](https://feedsoft.ai/events/17783-sulfur-shock-deepens-brazil-s-phosphate-fertiliser-squeeze.md) | 0.0% | 0.0% |
| DAP | 2020-01-31 | [Coronavirus: Spurt in fertiliser import costs seen due to plant closure \| Market - Other Commodities - Business Standard](https://feedsoft.ai/events/4509-coronavirus-spurt-in-fertiliser-import-costs-seen-due-to-plant-closure-market.md) | +9.5% | +9.5% |
| DAP | 2020-03-04 | [How coronavirus could affect NPK prices](https://feedsoft.ai/events/54406-how-coronavirus-could-affect-npk-prices.md) | -0.5% | -2.5% |
| DAP | 2023-08-30 | [Diammonium Phosphate Prices Surge in Europe and USA Amidst Supply Chain Disturbance](https://feedsoft.ai/events/34894-diammonium-phosphate-prices-surge-in-europe-and-usa-amidst-supply-chain.md) | -1.0% | +1.3% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2061807-coronavirus-concerns-may-support-brazil-phosphates

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