# Global phosphate fertilizer prices are rising — Fertilizer Daily

> PhosAgro reported that global phosphate-based fertilizer prices have recovered considerably in the first two months of 2020 from minimum levels. The recovery is attributed to the approaching spring season, announced production cutbacks by leading producers, and possible Chinese export restrictions.

- Date: 2020-02-27 · published 2020-02-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54882-global-phosphate-fertilizer-prices-are-rising-fertilizer-daily
- 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

Firmer phosphate prices raise input costs for feed-grain and oilseed growers and signal tighter fertilizer supply heading into spring application, which can support crop prices over time.

## Read by commodity

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

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20200227-global-phosphate-fertilizer-prices-are-rising/

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