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Egypt's NCIC issued a phosphate fertilizer sales tender for FOB cargoes with a June 28 close. It offers 20,000 mt of DAP, 10,000 mt of TSP and 30,000 mt of single superphosphate, with loading from late July to August.
Egyptian export tenders add phosphate supply to the global market, and the volumes sought will help set price levels for DAP and TSP.
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.
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.