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PotashCorp's average realized phosphate price fell about 15% to $423 per ton in 1Q17 from $499 per ton a year earlier. Feed subsegment prices dropped 17% year over year and fertilizer prices fell about 15%.
Lower realized phosphate prices signal softer demand and pricing for phosphate feed and fertilizer inputs, which can ease costs for feed makers using dicalcium phosphate.
marketrealist.comAdam JonesApr 28, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
