# Q3 Fertilizer Review — Chewachem Ltd.

> Chewachem's Q3 review reports urea ended the quarter near $385 CFR, up 1.4% for the quarter, while DAP rose 11% on limited supply. Potash drifted weaker. China did not export urea in Q3, and the Thai baht strengthened 11% against the dollar.

- Date: 2024-10-01 · published 2024-10-01T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/5245-q3-fertilizer-review-chewachem-ltd
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

China's export restrictions keep global urea supply tight, supporting nitrogen prices. Firm phosphate costs add to input expenses for feed grain and oilseed growers.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bearish ▼
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-04-22 | [Q1 Fertilizer Review — Chewachem Ltd.](https://feedsoft.ai/events/25022-q1-fertilizer-review-chewachem-ltd.md) | +2.9% | +14.6% |
| UREA | 2026-10-27 | [Fertilizer Crisis Response Bulletin #35 - IFDC](https://feedsoft.ai/events/674-fertilizer-crisis-response-bulletin-35-ifdc.md) | -0.6% | — |
| UREA | 2024-06-26 | [Global trading overview - Q1 2024 in review \| Incitec Pivot Fertilisers](https://feedsoft.ai/events/29676-global-trading-overview-q1-2024-in-review-incitec-pivot-fertilisers.md) | -2.0% | -0.9% |
| UREA | 2026-04-07 | [Semi-Annual Global Fertilizer Outlook - Rabobank](https://feedsoft.ai/events/20027-semi-annual-global-fertilizer-outlook-rabobank.md) | 0.0% | -10.4% |
| UREA | 2020-12-23 | [Fertilizer prices to rise moderately in 2021](https://feedsoft.ai/events/49583-fertilizer-prices-to-rise-moderately-in-2021.md) | +3.0% | +21.5% |
| DAP | 2025-04-22 | [Q1 Fertilizer Review — Chewachem Ltd.](https://feedsoft.ai/events/25022-q1-fertilizer-review-chewachem-ltd.md) | 0.0% | +2.3% |
| DAP | 2026-10-27 | [Fertilizer Crisis Response Bulletin #35 - IFDC](https://feedsoft.ai/events/674-fertilizer-crisis-response-bulletin-35-ifdc.md) | -0.6% | — |
| DAP | 2024-11-14 | [Fertilizer market developments](https://feedsoft.ai/events/27318-fertilizer-market-developments.md) | 0.0% | -2.0% |

## Sources

- chewachem.com: https://www.chewachem.com/blog/q3-fertilizer-review

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