# CRU: New Horizons for the Phosphate Market

> CRU reports DAP FOB Tampa up 22% since September 2017 to $410/t, driven by sulphur prices that doubled in four months. Strong demand, capacity closures and Chinese supply controls offset new capacity from Saudi Arabia and Morocco.

- Date: 2018-03-01 · published 2018-03-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/65923-cru-new-horizons-for-the-phosphate-market
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher sulphur and ammonia costs plus Chinese supply curbs keep phosphate prices elevated, raising feed-phosphate and input costs for buyers.

## Read by commodity

- DAP: bullish ▲
- SBM: neutral
- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- crugroup.com: https://www.crugroup.com/en/communities/thought-leadership/2018/new-horizons-for-the-phosphate-market/
- prnewswire.com: https://www.prnewswire.com/news-releases/cru-new-horizons-for-the-phosphate-market-300606591.html
- prnewswire.co.uk: https://www.prnewswire.co.uk/news-releases/cru-new-horizons-for-the-phosphate-market-675635073.html

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