
OCP Group is finalizing logistics to resume phosphate shipments to the US after duties were suspended, with ships possibly heading to New Orleans within days. USDA says paperwork with Customs remains.
MAP averaged $954 per ton and phosphate prices have not yet moved.
Expected duty-free Moroccan imports add US supply, which should weigh on phosphate prices once cargoes arrive.
After 40 past bearish trade events, DAP moved a median -0.1% over 5 sessions (38% higher; middle half -3.7% to +0.5%), and -2.4% 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.