Inside: Dairy Market
Price of phosphate rights continues to fall
28 February 2018 - Esther de Snoo
The buyers of phosphate rights are not keen on phosphate rights and are quietly waiting for the declining market. However, for the current prices there is not much trade.
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It is quiet on the market for phosphate rights. Traders and intermediaries report that there is little trade in phosphate rights and buyers are also waiting in this declining market.
Transactions
The transactions that are concluded are for portions of an average of 200 kilos per time at €176 per right. That is the quote for the in week 9 (February 28, 2018). DCA listing phosphate rights. That is €3,50 less per right than the week before.
The price of phosphate rights continues to decline.