Inside: Dairy Market
Price of phosphate rights falls again
The price of phosphate rights has fallen for the second week in a row. This is after the price rally a few weeks ago. Where does the price come in?
Read this article?
Become a subscriber and get instant access
Choose the subscription that suits you
The price of options on phosphate rights drops slightly in week 46. The average price therefore amounts to €203,25. That is €2 less than last week. Over the past 3 months, an average of €209,15 was paid for options on phosphate rights.
wait
The reason for the price drop is that the supply of phosphate rights is greater than demand. Dairy farmers in the Netherlands are waiting until there is more clarity about, among other things, the depreciation options for the rights and the final publication of the law.
Traders expect that there is still a lot of supply hanging over the market and that demand will increase further in the coming weeks.
The price of phosphate rights has mainly fallen since November.