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Saudi DAP prices were stable in March 2025, with higher sales to Southeast Asia and Iraq offsetting lower Indian sales. Ma'aden shipped significant DAP volumes and analysts expect prices to rise on firm agricultural demand, higher freight and changes in OCP's supply agreement with India.
Expected firm demand and rising freight costs point to higher Middle East DAP offers, adding support to global phosphate prices.
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.