# Rising Feed-Grade Phosphate Demand keeps Phosphate Miners Hunting

> A Persistence Market Research report estimates the feed phosphate market at about $1.5 billion in 2018, growing over 4% annually through 2028, led by poultry demand. Prices rose through 2018 partly due to reduced Chinese production.

- Date: 2019-04-02 · published 2019-04-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59898-rising-feed-grade-phosphate-demand-keeps-phosphate-miners-hunting
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Growing feed phosphate demand and reduced Chinese supply support higher prices for feed-grade phosphate used in animal diets.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- blog.agchemigroup.eu: https://blog.agchemigroup.eu/rising-feed-grade-phosphate-demand-keeps-phosphate-miners-hunting/

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