# Global phosphorus fertiliser prices hit decade lows | Farm Online | ACT

> International phosphorus fertiliser prices have fallen to their lowest levels in more than a decade, with DAP and MAP down from about $600/t at the start of the year to $384/t. Australian retail prices for MAP and DAP have dropped to the low-to-mid $500s a tonne. Lower prices are encouraging Australian farmers to place early orders for new-season fertiliser.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/5347-global-phosphorus-fertiliser-prices-hit-decade-lows-farm-online-act
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Increased production and weaker demand have pushed phosphate prices down, and the lower costs are filtering through to farm-level buying. Continued weakness in DAP keeps input costs low for crop producers.

## Read by commodity

- DAP: bearish ▼

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/6547981/fertiliser-prices-hit-decade-lows/

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