# Africa fertilizer market overview - Africa Business Communities

> The international fertilizer market started 2020 slowly, with the Lunar New Year likely to quiet February trading. Ammonia deals in Algeria, Egypt and Tunisia are described, with Algerian export licence delays resolved but no cargoes departed in January.

- Date: 2020-01-27 · published 2020-01-27T12:00:00.000Z
- Category: market · region Africa · magnitude low
- Page: https://feedsoft.ai/events/55391-africa-fertilizer-market-overview-africa-business-communities
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Export licence delays out of Algeria and quieter Asian demand tighten ammonia supply to buyers while higher freight rates squeeze producer netbacks, supporting nitrogen fertilizer prices.

## Read by commodity

- UREA: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- africabusinesscommunities.com: https://africabusinesscommunities.com/agribusiness/africa-fertilizer-market-overview/

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