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Price of phosphate rights creeps up
6 February 2019 - Wouter Baan
The trade in phosphate rights is not going through a storm, but the price is showing an increasing trend.
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The DCA quotation for phosphate rights rises for the third week in a row. This time it concerns an increase of €4 to €182 per right. The various traders indicate that they carry out a few transactions per week, with small volumes (200 to 400 kilos of phosphate).
Attractive price
It is expected that prices for purchasing rights will continue to rise in the short term. At the same time, buyers are waiting, which makes the market feel tame. The trade in lease rights is slowly emerging, with trading at €40 per lease right.