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Saudi market players raised DAP prices 10.7% in the first half of August 2024. China's DAP exports fell 37% in the first half of the year to 1.51 million tons, pushing buyers toward Russia, Vietnam, Egypt and the Middle East.
Reduced Chinese export availability tightens global phosphate supply, supporting higher DAP prices as importers compete for alternative origins.
chemanalyst.comJacob KutchnerAug 26, 2024After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), and +0.6% 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.
