
Mosaic has completely idled its Faustina, Louisiana facility while Bartow ran near 40% of target rate. DTN retail DAP averaged $916/t and MAP $959/t in the third week of August, up 8% and 6% year on year.
Researchers warned spot sulfur above $1,000/t could push phosphate costs higher.
Sulfur is a required feedstock for sulfuric acid used to make DAP and MAP, so sulfur shortages cut phosphate output and keep retail and export prices elevated.
After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% 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.