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USAID announced an additional $40 million, routed through FAO, to supply triple super phosphate and cash transfers to Sri Lankan paddy farmers. The funding targets the 2022-23 Maha and 2023 Yala seasons and is subject to Congressional approval.
Donor-funded phosphate purchases add modest incremental demand for TSP in a small import market, with limited global price impact.
islandback.lankapanel.netThilina WalpolaSep 12, 2022Not 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.
