# Market fluctuations due to urea? This 'pot' can't be carried back. | ECHEMI

> Chinese urea and phosphate fertilizer prices have declined in recent days, with Shandong and Hebei urea quoted around 1880-1930 yuan per ton. Compound fertilizer makers and phosphate producers also reported weaker prices, while potassium chloride held up better. The article attributes the downturn to a temporary supply-demand imbalance.

- Date: 2019-05-29 · published 2019-05-29T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/59375-market-fluctuations-due-to-urea-this-pot-can-t-be-carried-back-echemi
- 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 urea and phosphate prices reflect soft domestic demand and ample supply, which weighs on global fertilizer benchmarks and modestly reduces input costs for feed grain producers.

## Read by commodity

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

## Sources

- echemi.com: https://www.echemi.com/cms/47514.html

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