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Urea demand in Pakistan rose 42.5% while phosphate fertilizer sales declined. India faces a DAP shortage during its winter crop planting campaign because high import costs limit availability.
DAP prices rose 2.6% month on month.
A DAP shortage in India and rising import costs support global phosphate prices. Strong urea demand in Pakistan adds some support to nitrogen prices.
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.