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Argus analysis examines why global TSP supply has been tight despite Moroccan exports rising nearly a third this year. Buyers in major import markets are struggling to secure TSP cargoes, with China's TSP exports declining.
Tight TSP supply keeps phosphate fertilizer prices firm, raising input costs for crop producers and supporting demand for alternatives such as DAP and MAP.
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.