
The U.S. is preparing to review countervailing duties on phosphate fertilizer imports from Morocco, which may end restrictions in place since 2021. The Commerce Department is expected to launch the review in March, with duties set at 19.97% on OCP and 17.2% on other Russian exporters.
A potential end to Moroccan phosphate duties would ease U.S. supply constraints and could lower fertilizer costs, though the review has not yet begun and outcomes are uncertain.
After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% 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.