
China's phosphate fertilizer exports fell to 111,000 metric tons in the first three months of 2025, far below the prior three-year average of 785,000 tons. Analysts attribute the drop to export restrictions and rising domestic demand for phosphate rock, and warn prices will stay high.
Tight Chinese phosphate supply keeps DAP and MAP prices elevated for buyers, and analysts expect the constraint to persist for a couple of years, pointing to firm input costs for feed and crop producers.
After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% 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.