# Phosphate Outlook 2017: Demand on the Rise :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> An outlook piece says phosphate fertilizer demand has risen since 2012 and is expected to reach 46.6 million tons by 2018, growing about 2.2% per year. Asia accounts for 58% of projected demand growth, and about 7.3 million tons of new phosphoric acid capacity is due between 2013 and 2018, with large additions in Morocco, Saudi Arabia and China.

- Date: 2017-02-08 · published 2017-02-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/72804-phosphate-outlook-2017-demand-on-the-rise-content-tap-oan-hoa-chat-viet-nam
- Commodities: [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

Rising phosphate demand, led by Asia, supports DAP prices, but the planned capacity additions could cap gains. Buyers should expect firm but not sharply rising phosphate costs.

## Read by commodity

- DAP: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/phosphate-outlook-2017-demand-on-the-rise_20170208102541.html

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