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A major Indian fertilizer importer bought 100,000 t each of Moroccan DAP and TSP, with shipments from June to July. The CIF price is $935/t DAP on the east coast, $930/t on the west coast, and $710/t TSP.
The DAP price is virtually unchanged from the Indian Phosphates tender in May.
Large Indian buying supports phosphate export demand and keeps DAP prices firm at high levels. The price matching May's tender suggests no easing in the phosphate market.
news.chemnet.comJun 8, 2026After 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.
