Webinar: The key changes in the feed and phosphate market
The market for feed-grade inorganic phosphate products such as dicalcium phosphate (DCP) and monocalcium phosphate (MCP) has experienced significant changes since the beginning of 2020.
Much of this can be directly or indirectly linked to the Covid-19 pandemic: changes in consumer behavior reshuffled the priority list of livestock farmers, low ethanol and beer production caused a reduction in fermented grains availability (e.g. DDGS), limited exports of goods from China during Q1 caused a scarcity of containers in Europe.
Yet a lot more is happening in parallel, perhaps masked by the global relevance of Covid-19: supply and demand forces continue to foster change, for example the ASF (African Swine Fever) outbreak of 2019 continues to keep domestic demand in much of Asia capped and encouraged larger feed phosphate exports, and while frictions between the USA and China persist this is supporting livestock farming in much of Europe while one of the largest local suppliers, Aliphos, filed for bankruptcy in February 2020.
On this webcast, Allan Pickett, Head of Analysis for Phosphate, Sulphur and Potash, joins Alberto Persona, Principal Analyst for Phosphates, to talk through these themes in detail.
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This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.