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CSBP reports that China has halted all MAP, DAP and NPS exports until August 2026. The market had expected Chinese export allocations to resume in the second quarter of 2026.
With China absent until August, buyers will compete for a smaller pool of phosphate sellers during peak spring demand, raising the likelihood of price volatility and firmer DAP prices.
farmweekly.com.auBelinda MorrissyDec 16, 2025After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), 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.
