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RBC Capital expects steady fertiliser fundamentals in 2026 due to limited new supply. It warns that rising ammonia and sulphur costs could pressure phosphate producers.
Higher raw material costs for phosphate production can lift DAP prices and squeeze producer margins, affecting phosphate costs for feed-mineral 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.