
India's state procurement firm Indian Potash booked about 12% more phosphate fertilizer than the 1.2 million tons sought in a tender that closed the previous week. Reported east coast delivery pricing was $935 per ton, around 40% above pre-war levels.
Higher delivered DAP prices from a major importer tighten global phosphate supply and raise input costs for animal feed and crop producers, supporting the price outlook for phosphate fertilizers.
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.