# Fertiliser Focus – 1st September 2020 - COFCO

> COFCO's UK fertiliser update says nitrogen activity is subdued during harvest, with UK ammonium nitrate up £2/t and urea digesting an Indian tender without a clear downward correction. Phosphate prices are rebounding as availability from key US producers tightens, with DAP already moving up and TSP expected to follow. The note also flags uncertainty at Belarus Potash Corporation that has led some major potash producers to review spot prices.

- Date: 2020-09-01 · published 2020-09-01T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/51407-fertiliser-focus-1st-september-2020-cofco
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Tighter phosphate availability and possible potash spot repricing raise input costs for feed mills and mixers that rely on mineral and phosphate-based ingredients. Urea stability suggests nitrogen costs are not easing despite seasonal slowdown.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- UREA: neutral
- POTASH: bullish ▲

## Sources

- uk.cofcointernational.com: https://uk.cofcointernational.com/fertiliser-focus-1st-september-2020/

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