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US trade authorities are deepening investigations into alleged phosphate dumping from Morocco and Russia, which Mosaic says has depressed domestic prices. The American Farm Bureau Federation and crop groups are urging against countervailing duties of up to 71.5%, warning of higher fertilizer costs for growers.
If duties of this size are imposed, US phosphate import costs would rise sharply and farmers could cut or shift planting decisions. The outcome directly affects DAP availability and price for the US market.
capitalpress.comMATEUSZ PERKOWSKICapital Press21 ago 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.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
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.
Escalating US phosphate dumping probes into Morocco/Russia raise the prospect of countervailing duties that would restrict imports and lift US DAP prices.
