Urea and ammonium phosphate prices in South Africa fell week on week to May 26, with urea down 2.4% and MAP down 1.6%. Urea offers from Russia and Iran are pressuring prices while buying interest stays quiet.
The US Tampa ammonia contract dropped almost 40%.
Cheaper nitrogen and phosphate inputs lower farm input costs and reduce pressure on feed grain production costs. Competitive Russian and Iranian urea offers and a seasonal demand lull point to further softness in the near term.
Après 81 événements commerce baissier passés, Urée a varié en médiane de -1,0 % sur 5 séances (28 % de hausses ; moitié centrale de -7,2 % à +0,4 %), et de -5,5 % sur 20.
Après 40 événements commerce baissier passés, DAP a varié en médiane de -0,1 % sur 5 séances (38 % de hausses ; moitié centrale de -3,7 % à +0,5 %), et de -2,4 % sur 20.
Pas encore assez d'événements comparables passés pour une lecture historique.
Variations du benchmark de chaque matière depuis la dernière clôture avant l'événement. Les lectures historiques regroupent les événements passés de même nature ; elles décrivent ce qui s'est passé, pas ce qui arrivera. Ceci n'est pas un conseil en investissement.
Russian and Iranian urea offers weighing on prices amid quiet buying, plus a roughly 40% drop in the Tampa ammonia contract and a stronger Rand, point to supply-side pressure and weaker input costs.
Falling phosphate (MAP/ammonium phosphate) prices in South Africa, a weaker Tampa ammonia contract (a key DAP input cost) and quiet buying point to softer fertilizer sentiment and lower input costs, consistent with a DAP drop, though the regional scope and modest MAP decline (-1.6%) are small relative to an 8% move.
Urea offers from Russia and Iran pressured prices amid quiet buying, and the Tampa ammonia contract plunged about 40%, lowering input costs.
Falling ammonium phosphate (MAP) prices in South Africa, a sharp drop in Tampa ammonia (a key DAP input cost) and Russian supply pressure point to weaker phosphate pricing, though the South African evidence is regional.
Cheaper urea offers from Russia and Iran, quiet buying interest and a sharp fall in the Tampa ammonia contract show supply pressure and weaker input costs, though the South African move was small (2.4%).
Ammonium phosphate (MAP) prices fell week on week in South Africa and ammonia contracts dropped sharply, reflecting softer phosphate and input-cost sentiment.