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reports a vessel offloading about 55,000 tonnes of phosphate rock from Western Sahara into Innophos facilities at Coatzacoalcos, Mexico, in early September 2021. A third vessel was reported en route.
Increased phosphate rock imports into Mexico add supply to the regional market, though the volume is small relative to global phosphate trade and the story is mainly political.
wsrw.orgSep 5, 2021Not enough comparable past events yet for a historical read.
After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% 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.
