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Chinese MAP price indices were mostly stable to slightly higher as factories held back shipments on heavy November orders and some plants suspended operations. The 64% granular DAP index held at 3,791.67 and the 57% DAP index rose to 3,415.00.
Supply tightness from plant suspensions and firm DAP export orders support phosphate prices, though weak domestic demand limits upside.
fdd-global.comFeidoodooOct 27, 2023Not 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.
