Inside Milk
Price phosphate rights stabilizes at 230 euros
After a few turbulent weeks, the phosphate rights are trading for a more or less constant price this week. What else is going on in the market?
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During the month of June, the price of phosphate rights increased from €199,50 to €232,50 per right. The market was a bit restless all month and it was always on its way to higher levels. Since the calendar turned to July, prices have been on the rise.
Although dairy farmers are still actively inquiring this week, they are also reluctant to pay higher prices. Business is done from €230 to €233 per right, which is a narrow range. Based on the statements, the DCA quotation for phosphate rights decreases by €1 to €231,50 per right.
Accident regulation
The selling parties are not afraid of a turnaround and are therefore gradually coming up with offers. Without developments that could influence the market, it is expected that buyers and sellers will continue to find each other at the same prices in the short term.
There are still a number of developments surrounding phosphate policy in the background. Although Agriculture Minister Carola Schouten has indicated no space In favor of an expansion of the emergency regulations, a surprising turn in this file cannot be ruled out in advance. Tonight, Wednesday July 4, there will be another phosphate debate in which Schouten may provide clarity on the matter.
Click here for a historical price trend.
| DCA listing phosphate rights | Price range (week 27) | Number of problems | Average |
| €231,50 (-€1) | € 230 - € 233 | 5 | €231,50 |
| Explanation DCA Markets: After a few weeks of rapid price increases, the price is making a slight correction this week. The mood in the market has dampened somewhat, although a turnaround is not likely. The market may be influenced in the short term by statements from Agriculture Minister Carola Schouten. |
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