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The US International Trade Administration published a notice in the Federal Register setting out preliminary affirmative countervailing duty determinations on phosphate fertilizer imports from Russia. The notice covers the subsidy findings for Russian producers, with cash deposits following the preliminary rates.
Duties on Russian phosphate raise the landed cost of DAP and related products into the US, supporting domestic phosphate prices and reducing import competition.
federalregister.gov30 nov 2020Tras 193 eventos alcista de comercio pasados, DAP se movió una mediana de +0,4 % en 5 sesiones (54% al alza; mitad central entre -0,3 % y +1,8 %), 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.
Federal Register publication on Nov 30 formalizes the preliminary Russian CVD determination, reinforcing trade-flow disruption, though largely already known.
