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Mosaic Co. has filed two federal lawsuits at the Court of International Trade arguing that countervailing duties on phosphate fertilizer imports from Morocco and Russia are too low. Mosaic says the Commerce Department miscalculated foreign government subsidies, and Commerce set a 19.97% duty rate for OCP SA's fertilizer.
Imports from Morocco were about $730 million in 2019 and from Russia about $300 million.
If the court raises the duties, imported phosphate fertilizer such as DAP would cost more in the US, supporting domestic prices and reducing import competition for US producers.
news.bloomberglaw.comBrian Flood13 may 2021Tras 151 eventos alcista de política pasados, DAP se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -0,6 % y +0,9 %), y +1,9 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
