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China's first-quarter 2025 DAP exports fell 45.2% year on year to 78,000 tons, and MAP exports fell 66.4% to 33,000 tons. Average export prices rose, with DAP at $617.4 per ton and MAP at $702.2 per ton.
Sharply lower Chinese DAP and MAP exports tighten global phosphate supply, and higher export prices signal costlier phosphate inputs for buyers.
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.