# PhosAgro sees higher demand of fertilizers due to bumper harvests :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> PhosAgro's CEO Andrey Guryev said bumper harvests in the US, Canada and Russia depleted soil nutrients, which should lift fertilizer demand in the spring 2017 season. He also reported Chinese phosphate producers announced substantial production cuts to defend prices near $305-310 per tonne.

- Date: 2016-11-22 · published 2016-11-22T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/74140-phosagro-sees-higher-demand-of-fertilizers-due-to-bumper-harvests-content-tap
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Expected spring demand recovery and Chinese output cuts could firm phosphate and urea prices from multi-year lows, raising input costs for feed grain growers.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-11-26 | [Soaring fertilizer prices add to inflationary pressures and food security concerns :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/8136-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | -1.4% | -0.3% |
| UREA | 2021-09-29 | [AgriMarketing.com - Fertilizer Prices Heading Toward Record Highs Due To Series Of Black Swan Events](https://feedsoft.ai/events/45026-agrimarketing-com-fertilizer-prices-heading-toward-record-highs-due-to-series.md) | +31.3% | +34.0% |
| UREA | 2022-02-23 | [With fertilizer costs high and seeds scarce, U.S. farmers turn to soy \| Reuters](https://feedsoft.ai/events/42759-with-fertilizer-costs-high-and-seeds-scarce-u-s-farmers-turn-to-soy-reuters.md) | +17.4% | +41.3% |
| UREA | 2021-08-23 | [US Corn Growers Could Face Higher Fertilizer Costs From Import Tariffs](https://feedsoft.ai/events/45494-us-corn-growers-could-face-higher-fertilizer-costs-from-import-tariffs.md) | +1.9% | +20.1% |
| UREA | 2021-10-05 | [Farmers face fertiliser shortages, higher prices after China export ban \| VIC](https://feedsoft.ai/events/5913-farmers-face-fertiliser-shortages-higher-prices-after-china-export-ban-vic.md) | +6.2% | +11.5% |
| DAP | 2021-11-26 | [Soaring fertilizer prices add to inflationary pressures and food security concerns :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/8136-soaring-fertilizer-prices-add-to-inflationary-pressures-and-food-security.md) | +3.8% | +3.7% |
| DAP | 2021-09-29 | [AgriMarketing.com - Fertilizer Prices Heading Toward Record Highs Due To Series Of Black Swan Events](https://feedsoft.ai/events/45026-agrimarketing-com-fertilizer-prices-heading-toward-record-highs-due-to-series.md) | +5.2% | +5.7% |
| DAP | 2020-10-01 | [U.S. fertilizer prices surge to decade high](https://feedsoft.ai/events/50574-u-s-fertilizer-prices-surge-to-decade-high.md) | +0.7% | +0.7% |

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/phosagro-sees-higher-demand-of-fertilizers-due-to-bumper-harvests.html

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