# Cà Mau Fertilizer posts strong profit, Phu My Fertilizer slumps: how are the two fertilizer giants doing?

> Q3 2026 results show Ca Mau Fertilizer (DCM) with revenue up 92.1% and after-tax profit above VND 432 billion, while Phu My Fertilizer (DPM) profit fell about 81% as input gas costs rose and urea prices fell. DAP-Vinachem profit dropped 95.7%.

- Date: 2026-11-12 · published 2026-11-12T15:10:51.897Z
- Category: market · region Vietnam · magnitude low
- Page: https://feedsoft.ai/events/95693-ca-mau-fertilizer-posts-strong-profit-phu-my-fertilizer-slumps-how-are-the-two
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Diverging urea producer margins reflect higher gas input costs against lower urea selling prices, which points to softer urea pricing for Vietnamese producers and buyers.

## Read by commodity

- UREA: bearish ▼

## Sources

- tctd.vn: https://tctd.vn/dam-ca-mau-lai-lon-dam-phu-my-hut-hoi-hai-ong-lon-phan-bon-dang-kinh-doanh-ra-sao-a10972.html

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