# Phosphate Market Struggles, Hope from Demand Growth

> Phosphate fertilizers have recovered more slowly than potash and nitrogen. DAP prices were only 3% to 8% higher year over year in key US markets as of early October, and excess capacity persists with new supply coming from Morocco and Saudi Arabia.

- Date: 2017-10-13 · published 2017-10-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/68387-phosphate-market-struggles-hope-from-demand-growth
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Excess phosphate capacity caps price upside, although reduced Chinese export volumes could tighten supply. Phosphate costs are likely to stay range-bound for feed-related crop inputs.

## Read by commodity

- DAP: neutral

## Sources

- marketrealist.com: https://marketrealist.com/2017/10/phosphate-market-struggles-hope-demand-growth/

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