
Egypt's NCIC issued a May/June fertilizer sales tender covering small volumes of DAP, SSP, urea, CAN and SOP. The previous round sold DAP at up to $915-917 per tonne FOB, and urea last cleared at $865 per tonne FOB.
The Egyptian DAP and urea reference prices signal continued high Mediterranean fertilizer costs, and Egyptian stock declines point to tight near-term supply.
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.
After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% 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.