# Feedinfo - INSIGHT: European Feed Phosphate Market Reacts to Phosphoric Acid Settlement

> A higher-than-expected Q1 2021 phosphoric acid feedstock settlement at $795/tonne, up $106 (15%), pushed European quarterly feed phosphate offers higher. Suppliers are giving buyers less time to accept prices, with DCP and MCP increases exceeding earlier expectations.

- Date: 2021-02-05 · published 2021-02-05T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/48952-feedinfo-insight-european-feed-phosphate-market-reacts-to-phosphoric-acid
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Feedstock phosphoric acid costs drive European DCP and MCP prices, so the settlement lifts feed phosphate costs for European compound feed makers. Tight supply and rising feedstock costs point to further upward pressure on feed phosphate.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- feedinfo.com: https://www.feedinfo.com/our-content/insight-european-feed-phosphate-market-reacts-to-phosphoric-acid-settlement/221102

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