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Braemar reports that Middle East and Russian disruptions are hitting fertiliser trade flows. Falling Chinese sulphur imports are affecting global phosphate production.
Lower sulphur availability constrains phosphate output, supporting phosphate fertiliser prices and tightening input supply for feed and crop producers.
After 31 past bullish logistics events, DAP moved a median +0.5% over 5 sessions (58% higher; middle half -0.4% to +0.9%), and +1.6% over 20.
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.