
Construction of the phosphate mining wharf at Annaba port in Algeria has passed 80% progress, with 10.6 million of 13 million cubic metres of dredging completed as of 4 November. Algeria's energy minister also met the Chinese contractor CHEC on 12 November to review the project.
A new export wharf for phosphate in Algeria could eventually add supply capacity, but it is a long-term infrastructure development with no near-term price effect.
After 40 past logistics events, DAP moved a median +0.4% over 5 sessions (57% higher; middle half -0.6% to +0.9%), and +1.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.