# Fertiliser price crash reignites hope for agric - The Nation Newspaper

> Nigeria's fertiliser prices have fallen following a memorandum of understanding with Morocco for production of one million tonnes of fertiliser, signed in December. The deal aims to make phosphate-based fertiliser more available and affordable for local farmers as part of the plan to halt food imports by 2019.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: trade · region Nigeria · magnitude low
- Page: https://feedsoft.ai/events/71806-fertiliser-price-crash-reignites-hope-for-agric-the-nation-newspaper
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Lower domestic fertiliser prices in Nigeria reflect supply from Morocco's phosphate output, a small regional shift with limited effect on global DAP or phosphate prices.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-10-31 | [USAID provides fertiliser for paddy cultivation – The Island](https://feedsoft.ai/events/39456-usaid-provides-fertiliser-for-paddy-cultivation-the-island.md) | 0.0% | -5.7% |
| DAP | 2025-06-24 | [Egypt's NCIC announces phosphate fertilizer sales tender for July](https://feedsoft.ai/events/24551-egypt-s-ncic-announces-phosphate-fertilizer-sales-tender-for-july.md) | +0.7% | +3.8% |
| DAP | 2023-03-19 | [United States Government-Funded 36,000 MT of TSP Fertilizer Arrives in Sri Lanka: Paddy Farmers to Receive TSP in Time for Yala Cultivation - U.S. Embassy in Sri Lanka](https://feedsoft.ai/events/37181-united-states-government-funded-36-000-mt-of-tsp-fertilizer-arrives-in-sri.md) | +0.4% | +4.1% |
| DAP | 2019-10-07 | [The Green Markets Weekly North America Fertilizer Price Index declined 1.2% this week. NOLA continued to trade in a narrow range and declined $7/ST. NOLA declined $1 and Cornbelt rose $5/ST. \| Daniel Houder](https://feedsoft.ai/events/8765-the-green-markets-weekly-north-america-fertilizer-price-index-declined-1-2-this.md) | -2.1% | -9.4% |
| DAP | 2026-10-01 | [S&P drops two Morocco-linked fertilizer price benchmarks as trade flows shift \| Bladi.net](https://feedsoft.ai/events/690-s-and-amp-p-drops-two-morocco-linked-fertilizer-price-benchmarks-as-trade-flows.md) | -0.3% | 0.0% |

## Sources

- thenationonlineng.net: https://thenationonlineng.net/fertiliser-price-crash-reignites-hope-agric/

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