# DCM macro policy: Vietnam Fertilizer Export Tax Cut… | Aveluro

> Vietnam proposed cutting its fertilizer export tax, which would directly raise net selling prices for fertilizer exporters. Analysts view the change as most positive for Dam Ca Mau and neutral for DDV, and potentially negative for BFC. The proposal still requires approval.

- Date: 2026-10-28 · published 2026-10-29T06:06:09.759Z
- Category: policy · region Vietnam · magnitude medium
- Page: https://feedsoft.ai/events/315-dcm-macro-policy-vietnam-fertilizer-export-tax-cut-aveluro
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A lower export tax makes Vietnamese urea and phosphate more competitive internationally, adding export supply and pressuring global fertilizer prices if approved.

## Read by commodity

- DAP: bearish ▼
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2026-06-02 | [China’s 2026 Urea Export Policy: From $660/t Price Floor to 3.3M-Tonne Quota - Fertilizer Daily](https://feedsoft.ai/events/7281-china-s-2026-urea-export-policy-from-660-t-price-floor-to-3-3m-tonne-quota.md) | -8.2% | -16.1% |
| UREA | 2023-11-27 | [China Agrees Fertiliser Export Quota to 2025 \| CZ app](https://feedsoft.ai/events/4326-china-agrees-fertiliser-export-quota-to-2025-cz-app.md) | -4.4% | -7.4% |
| UREA | 2026-02-12 | [Market data analysis & forecasts - Fertilizer market](https://feedsoft.ai/events/20936-market-data-analysis-and-forecasts-fertilizer-market.md) | +0.2% | +30.0% |
| UREA | 2023-07-04 | [Fertiliser prices fall, firms to expand exports :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)](https://feedsoft.ai/events/34976-fertiliser-prices-fall-firms-to-expand-exports-content-tap-oan-hoa-chat-viet.md) | +2.6% | +37.6% |
| UREA | 2022-10-03 | [U.N. pushes for global fertilizer price cut to avoid 'future crisis' \| Reuters](https://feedsoft.ai/events/39049-u-n-pushes-for-global-fertilizer-price-cut-to-avoid-future-crisis-reuters.md) | +2.0% | -12.6% |
| DAP | 2023-11-27 | [China Agrees Fertiliser Export Quota to 2025 \| CZ app](https://feedsoft.ai/events/4326-china-agrees-fertiliser-export-quota-to-2025-cz-app.md) | +0.9% | +3.9% |
| DAP | 2026-07-02 | [Moroccan Imports Return as Fertilizer Markets Stay Tight](https://feedsoft.ai/events/18681-moroccan-imports-return-as-fertilizer-markets-stay-tight.md) | +1.3% | +4.7% |
| DAP | 2022-10-03 | [U.N. pushes for global fertilizer price cut to avoid 'future crisis' \| Reuters](https://feedsoft.ai/events/39049-u-n-pushes-for-global-fertilizer-price-cut-to-avoid-future-crisis-reuters.md) | -1.7% | -5.5% |

## Sources

- aveluro.com: https://aveluro.com/news/DCM/macro-policy-2026-10-28-de-xuat-giam-thue-xuat-khau-phan-bon-ve-0-doanh-nghiep-nao-duoc-loi-nhat

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.