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DAP prices in Europe and North America rose sharply in the second half of November 2023 due to a shortage of DAP and feedstock, higher natural gas and ammonia costs, and supply chain disruption. Panama Canal bottlenecks lengthened ship queues and reduced US DAP exports to Europe.
Higher raw material costs and shipping delays tighten DAP availability and lift phosphate prices, raising input costs for feed phosphate producers.
chemanalyst.comDec 11, 2023After 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.
