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The World Bank projects DAP prices to rise 7.3% to $735 per tonne in 2026, then fall 18.1% to $602 in 2027 and $501 in 2028. The forecast follows a 14% fertiliser price increase.
Expected phosphate price declines into 2027 signal easing input costs for crop production, which could eventually weigh on feed grain prices through lower planting costs.
After 35 past bearish report events, DAP moved a median 0.0% over 5 sessions (37% higher; middle half -0.7% to +1.5%), and +0.6% 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.