Loading…

Sri Lanka's Department of Agriculture recommended locally produced Single Super Phosphate from Eppawala rock phosphate over imported Triple Super Phosphate. The country spends about USD 30 million a year importing TSP, and eight private manufacturers have started large-scale SSP production.
A policy shift away from TSP imports would reduce Sri Lankan demand for TSP, a modest bearish factor for TSP trade flows.
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.