[Objective] This study was to investigate the influence of phosphorus (P) fertilizer application on available P and easy-loss P content in red soil under aerobic incubating condition, with the aim to provide theoretical basis for the management of elemental P and evaluation of elemental P loss potential. [Method] Totally six treat- ments were set to the soil samples. The Olsen-P, Bray-1 P and CaCl2-P contents of each soil sample were measured after indoor aerobic incubation. [Result] In the red soil of different P fertilizer application rates, the Olsen-P content decreased with the increasing of incubation time, while the content of Bray-1 P increased and CaCI2-P content was first increased then decreased. CaCl2-P content was linear correlated with Olsen-P content and Bray-1 P content. About 62% P fertilizers were transformed into Bray-1 P pool, and 14% into Olsen-P pool, but only 0.12% transformed into CaCl2-P pool. [Conclusion] There is little risk of P loss caused by P fertilizer application under aerobic condition, but it would increase with the increasing application dose, and the most serious time is the primeval period after P fertilizer application.