# Phosphates prices up on good demand, tight supply and higher feedstock costs :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> International phosphate prices are firm to higher on healthy demand, tight supply, and rising feedstock costs. Phosphoric acid rose $28/t for Indian third-quarter contracts, and China offered DAP at $420/t FOB for export. Indian rupee weakness is slowing DAP tenders.

- Date: 2018-07-10 · published 2018-07-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/63975-phosphates-prices-up-on-good-demand-tight-supply-and-higher-feedstock-costs
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Higher DAP and phosphate costs raise fertilizer expenses for crop producers and tighten the phosphate supply chain. The rupee's decline makes imports more expensive for Indian buyers, which can dampen demand.

## Read by commodity

- DAP: bullish ▲
- USDINR: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/phosphates-prices-up-on-good-demand-tight-supply-and-higher-feedstock-costs.html

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