Industry | the state strictly controls the new production capacity of urea and ammonium phosphate. Listen to the voices in the industry. 11/01 Update MySheen

After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% over 20.

• Apr 7, 2025New Tariffs Drive Urea Price Surge as Phosphate, Potash Strengthen | CZ app+0.8%
• May 11, 2025China Confirms Export Controls on MAP, DAP, and Urea: What Global Buyers Need to Know-0.4%
• Nov 17, 2023Urea Sector Update - Marginally higher urea price outlook in 2024 - Vietcap+0.7%
• Nov 15, 2021Soaring fertilizer prices add to inflationary pressures and food security concerns-0.6%
• Apr 27, 2024Order of the Government of the Russian Federation "About Introduction of Temporary Quantitative Restriction on Export of Separate Types of Fertilizers"-7.7%

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.

• Apr 9, 2022Upstream limit new production capacity phosphate rock or accelerate price increase in line with international prices - Shanghai Metals Market (SMM)0.0%
• Mar 23, 2022Diammonium Phosphate Prices Growing Twice in the US as Russia Implies Export Restrictions-1.5%
• Oct 1, 2021China expected to stop phosphate exports, food production prices set to rise - ABC News+4.6%
• Aug 11, 2022China extends phosphate export restrictions | The Western Producer+0.9%
• Jan 12, 2021Fate of phosphate duties will fall to Biden administration | 2021-01-12 | Agri-Pulse Communications, Inc.+2.2%