# Coronavirus to hit China fertilizer market — Fertilizer Daily

> Fertilizer Daily analysts expect the 2019-nCoV outbreak in China to disrupt logistics and reduce exports of nitrogen and phosphorus fertilizers. They also expect lower potash orders from Chinese farmers as potash imports become harder to move.

- Date: 2020-02-03 · published 2020-02-03T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/54898-coronavirus-to-hit-china-fertilizer-market-fertilizer-daily
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Lower Chinese nitrogen and phosphate exports would support urea and DAP prices, while weaker potash demand would pressure potash prices.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2020-02-05 | 5 | +9.5% | 6.1 | Analysts expect coronavirus logistics disruption to cut Chinese phosphorus fertilizer exports, tightening global DAP supply and lifting prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2020-04-06 | [FERTILISERS: Prices rise as production is hit by Covid-19 \| The Scottish Farmer](https://feedsoft.ai/events/53937-fertilisers-prices-rise-as-production-is-hit-by-covid-19-the-scottish-farmer.md) | +0.6% | -17.6% |
| DAP | 2020-02-24 | [Made-in-China fertilizer becomes scarce for top buyer](https://feedsoft.ai/events/54884-made-in-china-fertilizer-becomes-scarce-for-top-buyer.md) | +0.9% | -1.8% |
| 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 | 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 | 2020-03-04 | [How coronavirus could affect NPK prices](https://feedsoft.ai/events/54406-how-coronavirus-could-affect-npk-prices.md) | -0.5% | -2.5% |
| DAP | 2026-04-07 | [Moroccan fertilizer maker OCP expects output to drop 30 per cent in Q2, sources say \| The Western Producer](https://feedsoft.ai/events/20045-moroccan-fertilizer-maker-ocp-expects-output-to-drop-30-per-cent-in-q2-sources.md) | +0.7% | +5.9% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20200203-coronavirus-to-hit-china-fertilizer-market/

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