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US DAP prices were essentially stable in late June, with a modest 0.65% month-on-month rise. Distributors moved to buy-on-need as spring applications ended, and easing ammonia costs weakened the cost floor.
Softer upstream ammonia costs and buy-on-need purchasing point to mild downside pressure on DAP prices into July.
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.