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Egyptian producer NCIC awarded DAP at $915–920/t FOB in its August tender, up from $890–900 in July. It sold 27,000 t of CAN at $250–270/t, while TSP and SSP went unawarded.
China's phosphate export restrictions remain in force and sulfur costs are up more than 260% year on year.
A $20–25/t rise in Egyptian DAP offers confirms that global phosphate tightness is feeding into export prices.
After 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.
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.