
Russian phosphate fertilizer imports into the EU have collapsed, falling to about 6% of supply in Q1 2026 from 31% a year earlier. EU duties on Russian product rise again from July 1, 2026, and full-year Russian imports are expected to fall to around 200,000 tons.
Tighter EU access for Russian phosphate shifts trade toward other exporters, supporting European phosphate prices. This reinforces firm global DAP and MAP values through the second half.
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.
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.