Inside Milk
Phosphate rights remain stuck at 210 euros
Although there is still a lot of information, the price of phosphate rights is not improving much this week.
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Almost everyone who talks about phosphate rights mentions prices of €210 per right. Also last week were the phosphate rights traded at such levels; the difference with then is that the lower limit has risen. At that time, declarations of just over €200 per right were also made to DCA Markets.
Slight increase
This week the lower and upper limits are closer together. The DCA quotation for phosphate rights increases by €1,50 to €210,50 per right. Demand is still described as brisk, but at the same time buyers are cautious about closing transactions. Therefore, relatively few volumes are traded, traders say.
In recent weeks, attempts have been made to trade rights from €215 per kilo. However, buyers are dropping out at these levels. Prices are expected to remain stable in the short term, although brokers are keeping their fingers crossed. This expectation has been expressed more often in recent months.
Click here for a historical price trend.
| DCA listing phosphate rights | Price range (week 25) | Number of problems | Average |
| €210,50 (+€1,50) | € 210 - € 215 | 7 | €210,50 |
| Explanation DCA Markets: The price of phosphate rights has leveled off somewhat this week. The nervousness of the past few weeks seems to be fading into the background, meaning that stable prices are in the offing. |
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