
NCIC awarded 10,000 t of DAP at $840/t FOB, split among three buyers, and 25,000 t of SSP at $375/t FOB to one buyer, both from a tender closing 4 April. Prices rose from the previous tender levels of $780/t for DAP and $335/t for SSP.
Shipment destinations remain unconfirmed, with Australia considered the likely SSP destination.
Higher Egyptian phosphate tender prices point to tight phosphate supply and firm input costs for feed-phosphate buyers.
Not enough comparable past events yet for a historical read.
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.