# Unsteady waters for phosphates | World Fertilizer

> World Fertilizer reviews phosphate market fundamentals, noting CRU estimated about 44 million tonnes of P2O5 fertilizer consumed in 2015 and demand growth led by China, India and Brazil. It says DAP prices have fallen to around US$130/t lower year-on-year since August 2015 after earlier El Niño concerns and a Chinese government policy shift.

- Date: 2016-11-07 · published 2016-11-07T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/74138-unsteady-waters-for-phosphates-world-fertilizer
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Softer phosphate prices lower input costs for feed-related crop production and signal weaker fertilizer margins, though the outlook depends on Chinese supply policy.

## Read by commodity

- DAP: bearish ▼

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/special-reports/07112016/unsteady-waters-for-phosphates/

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