# PRICE OF PHOSPHATE FERTILIZER REACHES LOWEST LEVEL OF THE YEAR – WILLIAMS SERVIÇOS MARÍTIMOS LTDA.

> Phosphate fertilizer prices reached their lowest level of the year, according to Agrinvest Commodities, falling about 18.6% year-to-date to roughly $350 per ton from $430 in January. Producers are slowing purchases while waiting for better prices.

- Date: 2019-08-07 · published 2019-08-07T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/57896-price-of-phosphate-fertilizer-reaches-lowest-level-of-the-year-williams
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Slower farmer buying and falling phosphate prices point to continued softness in phosphate input costs, and analysts see the current level as a good time to negotiate.

## Read by commodity

- DAP: bearish ▼
- TSP: bearish ▼

## Sources

- williams.com.br: http://williams.com.br/price-of-phosphate-fertilizer-reaches-lowest-level-of-the-year/

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