Andrey Guryev, president of the Russian Association of Fertilizer Producers, urged the United States to temporarily suspend countervailing duties on Russian phosphate fertilizers. He framed the step as a way to stabilize the fertilizer market.
A suspension of duties would increase Russian phosphate supply to US buyers, which would pressure DAP and phosphate rock prices lower if adopted.
After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% 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.