# Influenced by Two Factors, P-Fertilizer Prices Still Would Go Down in the Short Term   - China Fertilizer and Pesticide Report - CnAgri-China Agriculture Consultant

> Chinese MAP and DAP ex-factory prices stood at 1,880 and 2,202 RMB/MT at end-November 2019, down about 20% and 19% year on year. Low phosphate rock and sulfur costs, with sulfur at port the lowest since 2008, plus limited output cuts that failed to lift prices, are keeping P-fertilizer prices depressed. Exports fell in January-October 2019.

- Date: 2019-12-10 · published 2019-12-10T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/55862-influenced-by-two-factors-p-fertilizer-prices-still-would-go-down-in-the-short
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Cheap Chinese phosphate supply and weak export demand point to continued low DAP and MAP prices in the near term, lowering input costs for phosphate-dependent feed inputs and fertilizer buyers.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- en.cnagri.com: http://en.cnagri.com/report/cottonmarket/20191210/253152.html

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