# How coronavirus could affect NPK prices

> Rabobank's Samuel Taylor says the coronavirus outbreak could create fertilizer pricing shifts for US farmers this spring. Hubei province, which accounts for nearly 30% of China's phosphate capacity, has seen production fall 30% to 40% year over year, with logistics disruptions compounding the shortfall.

- Date: 2020-03-04 · published 2020-03-04T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/54406-how-coronavirus-could-affect-npk-prices
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower Chinese phosphate output tightens global DAP and MAP supply, which could lift phosphate prices and raise costs for US crop producers heading into planting.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-02-03 | [Coronavirus to hit China fertilizer market — Fertilizer Daily](https://feedsoft.ai/events/54898-coronavirus-to-hit-china-fertilizer-market-fertilizer-daily.md) | 0.0% | 0.0% |
| DAP | 2020-01-31 | [Coronavirus concerns may support Brazil phosphates \| Latest Market News](https://feedsoft.ai/events/4510-coronavirus-concerns-may-support-brazil-phosphates-latest-market-news.md) | +9.5% | +9.5% |
| DAP | 2020-01-31 | [Coronavirus: Spurt in fertiliser import costs seen due to plant closure \| Market - Other Commodities - Business Standard](https://feedsoft.ai/events/4509-coronavirus-spurt-in-fertiliser-import-costs-seen-due-to-plant-closure-market.md) | +9.5% | +9.5% |
| DAP | 2023-10-12 | [Supply Chain Disturbances and Firm Demand Drives Global DAP Prices](https://feedsoft.ai/events/33942-supply-chain-disturbances-and-firm-demand-drives-global-dap-prices.md) | +1.1% | +2.9% |
| DAP | 2023-08-30 | [Diammonium Phosphate Prices Surge in Europe and USA Amidst Supply Chain Disturbance](https://feedsoft.ai/events/34894-diammonium-phosphate-prices-surge-in-europe-and-usa-amidst-supply-chain.md) | -1.0% | +1.3% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/how-coronavirus-could-affect-npk-prices

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