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Four MENA countries have more than ten downstream phosphate projects in the pipeline, ranging from early MoUs to projects in construction. China's phosphate exports have been restricted since 2021 and remained limited through at least August 2026, with 2024 exports at 6.6 million tonnes against 10 million in 2021.
The article says the gap left by China is supporting prices and investment in the region.
Constrained Chinese ammoniated phosphate exports keep global DAP supply tight while demand rises, which supports phosphate prices. Buyers should expect firm DAP pricing as new MENA capacity takes time to come online.
enterpriseam.comOct 28, 2026After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.
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.
