# Fertiliser on the rise despite fall-off in oil price -  Premium

> Irish farm-input reporting says fertiliser prices for next season are rising even as crude oil has fallen to around $60 a barrel. Nitrogen prices have risen most, driven by tight global ammonium nitrate supply, and European CAN ex-factory prices are up nearly €50/t year on year. DAP is up €50/t, potash is up €30/t, and sulphur premiums have doubled.

- Date: 2018-11-28 · published 2018-11-28T12:00:00.000Z
- Category: market · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/62350-fertiliser-on-the-rise-despite-fall-off-in-oil-price-premium
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Tight nitrogen and phosphate supply plus strong grain-driven demand point to higher fertiliser input costs for farmers in 2019, regardless of the drop in energy prices. This keeps upward pressure on crop production costs and feed-grain margins.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲
- POTASH: bullish ▲

## Sources

- farmersjournal.ie: https://www.farmersjournal.ie/news/news/fertiliser-on-the-rise-despite-fall-off-in-oil-price-422727

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