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The country's only DAP fertilizer plant has been shut for nearly four months because of a shortage of phosphoric acid. A government approval delay is holding up fresh imports of the acid.
Lost domestic DAP output increases reliance on imports and supports phosphate prices, raising costs for feed phosphate inputs.
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.