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Sri Lanka rejected a 36,000 metric ton consignment of Chinese Triple Super Phosphate after samples showed poor quality, according to Agriculture Minister Mahinda Amaraweera. The shipment had been delayed after Ukraine suspended fertilizer exports, and the rejection will likely delay TSP supply for the Yala season.
Losing a large TSP cargo tightens near-term phosphate availability for Sri Lankan farmers and may push buyers toward other origins, supporting phosphate prices regionally.
economynext.comWednesdayFeb 8, 2023After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.
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.
