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StoneX's outlook for March 2025 phosphate prices says global supplies remain tighter than normal, with Chinese export flows running low. Demand has not fallen as some expected.
StoneX expects prices to hold flat for the next month, with downside risk later as summer resets approach.
Tight supply supports phosphate prices in the near term, but high current prices and carrying costs suggest risk of a correction later in the season. Buyers face a flat near-term outlook.
stonex.comJosh LinvilleFeb 28, 2025Not 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.
StoneX on 2025-02-28 says global phosphate supply remains tighter than normal with low Chinese export flows and resilient demand, supporting firm DAP prices on the move date.
