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China's July fertilizer exports reached 5.70 million tons, with cumulative January-July exports up 45.7% year on year. Imports in July were 0.68 million tons, led by potassium chloride at 0.53 million tons, and cumulative potash imports were down 4.7%.
Heavy Chinese fertilizer exports add supply to global markets and soften nitrogen and phosphate prices, while lower potash imports tighten that market.
kelewell.deFernando ChenAug 18, 2025After 81 past bearish trade events, Urea moved a median -1.0% over 5 sessions (28% higher; middle half -7.2% to +0.4%), and -5.5% over 20.
After 40 past bearish trade events, DAP moved a median -0.1% over 5 sessions (38% higher; middle half -3.7% to +0.5%), and -2.4% 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.
