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Egyptian producer NCIC awarded 21,000t of DAP at $915-920/t fob, 27,000t of CAN at $250-270/t fob and 500t of SOP at $750/t. DAP prices rose significantly versus its previous tender.
Higher DAP and CAN tender prices signal firming phosphate and nitrogen values in import markets, raising feed-grade mineral and fertilizer costs for buyers.
Not enough comparable past events yet for a historical read.
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.