The phosphate market remains calm this week and is struggling to maintain prices. Buyers are still quite hesitant, but sellers are also not exactly enthusiastic about offering rights.
The logical conclusion should be that prices for both purchase and lease rights should be increasing rather than decreasing, but that is not the case.
There is also little sign of extra buying interest so far due to the fact that purchasing phosphate is more interesting this year than next year, because then probably 30% will be skimmed off in transactions outside the family sphere. That is not the case now.
The situation may change in late November or early December, but so far this year the market has been quiet, with prices steadily falling, and at a level well below the price level paid by the government (€121). However, the government does not buy individual rights.