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India agreed with Morocco's OCP to import 1.6 million tons of DAP and 800,000 tons of TSP for February to December 2025 shipments after an RCF tender failed to attract offers. Ethiopia also issued a tender for 540,390 tons of DAP closing February 20, and China's export restrictions remain in place.
Heavy Indian and Ethiopian buying against tight phosphate supply supports DAP and TSP prices, raising fertilizer costs for grain and oilseed production.
easttrades.comFeb 12, 2025Not enough comparable past events yet for a historical read.
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.
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.
