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Indian producer RCF received offers for minimum 29% P2O5 phosphate rock and for MAP and DAP in a tender that closed on 8 August. The offers were for Egyptian rock, with RCF yet to respond.
RCF had sought two 35,000 t phosphate rock cargoes and 20,000 t of MAP or DAP for delivery to Mumbai.
Indian buying of phosphate rock and MAP or DAP is a direct demand signal for phosphate fertilizers. Pricing will depend on RCF's award, and the outcome will show whether Indian demand is supporting prices.
worldports.orgMalik JohnsonAug 12, 2025Not enough comparable past events yet for a historical read.
After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% 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.
