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Sulfur prices have traded above $1,000 per tonne during 2026, at historically elevated levels. Mosaic has curtailed phosphate production ahead of its Q3 results because of these high raw material costs.
Higher sulfur costs and production cuts reduce phosphate fertilizer supply, which supports DAP prices. Tighter fertilizer availability can also raise input costs for feed grain growers.
Not enough comparable past events yet for a historical read.
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.