# Fertilizer prices soar, DAP in serious shortage

> Vietnamese fertilizer prices have surged, with DAP in serious shortage and urea near high levels. Container freight rates are reported 3-5 times higher, and China FOB DAP, MAP and urea prices rose sharply from November 2020 to February 2021.

- Date: 2021-02-27 · published 2021-02-27T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/48948-fertilizer-prices-soar-dap-in-serious-shortage
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Sharp rises in global FOB phosphate and urea prices and freight costs raise import costs across Asia, supporting fertilizer prices and farm input costs.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- van.nongnghiepmoitruong.vn: https://van.nongnghiepmoitruong.vn/fertilizer-prices-soar-dap-in-serious-shortage-d284904.html

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