# Fertilizer markets were slow this week

> South African fertilizer markets were quiet in the week after the Easter and Eid holidays, with prices slipping slightly. Urea granular was flat at R13,340/t and KCl fell 0.3% week on week. Buyers expected urea to fall further after an Indian tender, with suppliers reportedly pitching around $700/t fob Middle East.

- Date: 2022-05-06 · published 2022-05-06T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/9740-fertilizer-markets-were-slow-this-week
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Softer nitrogen and potash import parity values lower input costs for feed producers at the margin. Downward pressure on urea depends on the Indian tender outcome and whether other buying emerges in a seasonally quiet period.

## Read by commodity

- UREA: bearish ▼
- POTASH: bearish ▼

## Sources

- farmingportal.co.za: https://www.farmingportal.co.za/index.php/farming-news/international-news/7888-fertilizer-markets-were-slow-this-week

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