# Uptick in fertiliser prices works in Minbos' favour

> Minbos Resources reported on phosphate market conditions, citing a sharp rise in global phosphate fertilizer prices. The company said its Cabinda Phosphate Project economics would benefit as water-soluble phosphate prices increase.

- Date: 2021-02-10 · published 2021-02-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48951-uptick-in-fertiliser-prices-works-in-minbos-favour
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Sharp phosphate price increases reflect tightening fertilizer supply, which supports higher feed phosphate costs. The piece is a junior miner's investor update with limited market impact.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- finfeed.com: https://finfeed.com/articles/uptick-fertiliser-prices-works-minbos-favour/

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