# World fertilizer prices go down — Fertilizer Daily

> Argus reports granular urea prices fell in almost all regions, with US prices at an 18-month low, as demand in Brazil was weaker than expected. Indian MMTC bought about 1.2 million tons of urea in an October 14 tender, and DAP prices fell to a 10-year low in New Orleans.

- Date: 2019-11-06 · published 2019-11-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/55993-world-fertilizer-prices-go-down-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 urea and phosphate prices reduce input costs for farmers but signal oversupply that could weigh on fertilizer-linked margins.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20191106-world-fertilizer-prices-go-down/

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