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Punjab faces a severe DAP shortage, with supply of 2.12 lakh tonnes against a rabi requirement of 5.5 lakh tonnes. Supplies from Morocco and Jordan have slowed because Red Sea shipping is disrupted by the Iran-Israel conflict and ships are rerouting around Cape Town.
Longer shipping routes and higher insurance costs for Moroccan and Jordanian DAP lift landed phosphate costs and tighten global supply for importers like India.
hindustantimes.comGurpreet Singh NibberOct 12, 2024After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
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.
