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Pakistan's Finance Minister Ishaq Dar asked DAP manufacturers to cut fertiliser prices to give farmers relief. FFBL, the only local DAP producer, agreed to consider a significant price reduction.
The government cited flood losses and high input costs.
A government-brokered price cut at the sole domestic DAP producer would lower Pakistani phosphate input costs, though the effect on world DAP prices is limited.
brecorder.comRecorder Report28.10.2022Nach 50 vergangenen Ereignisse (bearisch, Politik) bewegte sich DAP im Median über 5 Handelstage um +0,9 % (62% höher; mittlere Hälfte -0,1 % bis +1,6 %) und über 20 Handelstage um +0,9 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
Pakistan's finance minister secured FFBL's agreement to consider a significant DAP price cut on the same day, a sentiment and local price-pressure signal that could contribute to a sharp DAP drop, though Pakistan's domestic cut alone is unlikely to explain a -8 sigma global move.
