# The volatile Urea market rebounds, while Phosphates continue to trend down and Potash stays level.

> Urea prices rebounded sharply the week of 25 August 2022 as European buyers began shopping for product ahead of the Indian urea tender, with Egyptian prices rising first and other origins following. The Middle East urea price gained $50/t, while phosphates continued to trend down and potash held steady.

- Date: 2022-08-26 · published 2022-08-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5141-the-volatile-urea-market-rebounds-while-phosphates-continue-to-trend-down-and
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Fertilizer costs feed into feed grain production costs and crop acreage decisions, and the rally reflects buying momentum rather than new supply loss. Higher nutrient costs could push margins for downstream grain and feed producers.

## Read by commodity

- DAP: bearish ▼
- CORN: bullish ▲
- UREA: bullish ▲
- POTASH: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2022-08-25 | 1 | +19.1% | 7.7 | Directly describes the sharp urea rebound the week of 25 August as European buyers returned ahead of the Indian tender, with Egyptian prices leading and Middle East gaining $50/t. |

## Sources

- farmingportal.co.za: https://farmingportal.co.za/index.php/agri-index/68-crops/8399-the-volatile-urea-market-rebounds-while-phosphates-continue-to-trend-down-and-potash-stays-level
- farmingportal.co.za: http://www.farmingportal.co.za/index.php/agri-index/68-crops/8399-the-volatile-urea-market-rebounds-while-phosphates-continue-to-trend-down-and-potash-stays-level

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