Phosphateprice.com reviews 2021 phosphorus fertilizer trends, citing US countervailing duties on Moroccan and Russian imports, and China's pledge to halt phosphorus exports until at least June 2022. CRU analysts say these events sharply reduced global P supply.
China's export halt through mid-2022 keeps phosphate supply tight for India and Asia, supporting DAP and TSP prices that feed into feed phosphate costs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), 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.