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The Federal Register published the Commerce Department's countervailing duty orders on phosphate fertilisers from Morocco and Russia, effective April 7, 2021. The orders follow affirmative final determinations by Commerce and the ITC.
Formal issuance of the duty orders locks in higher import costs for phosphate fertiliser into the US, supporting domestic phosphate prices and feed input costs.
govinfo.govApr 7, 2021After 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.
Not enough comparable past events yet for a historical read.
Not 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.
