# Mosaic - Morocco and Russia Subject to Phosphate Fertilizer Import Duties

> Mosaic announced that the US International Trade Commission found subsidized phosphate imports from Morocco and Russia had injured the US phosphate industry. Cash deposit rates are expected to be about 20% for OCP, 9% and 47% for PhosAgro and EuroChem, and 17% for other Russian producers.

- Date: 2021-03-11 · published 2021-03-11T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/48049-mosaic-morocco-and-russia-subject-to-phosphate-fertilizer-import-duties
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

The duties restrict low-priced phosphate imports into the US, which supports domestic DAP prices and gives Mosaic a stronger position in the US market.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-07-17 | [U.S. opens probe of phosphate fertilizer imports from Morocco, Russia](https://feedsoft.ai/events/52428-u-s-opens-probe-of-phosphate-fertilizer-imports-from-morocco-russia.md) | +1.3% | +11.1% |
| DAP | 2021-04-05 | [Federal Register
       :: 
      Phosphate Fertilizers From Morocco and Russia](https://feedsoft.ai/events/47545-federal-register-phosphate-fertilizers-from-morocco-and-russia.md) | +2.6% | +4.5% |
| DAP | 2020-08-13 | [Federal Register
       :: 
      Phosphate Fertilizers From Morocco and Russia](https://feedsoft.ai/events/51541-federal-register-phosphate-fertilizers-from-morocco-and-russia.md) | +3.2% | +11.0% |
| DAP | 2021-07-24 | [U.S. and Russia: Phosphate Import Duties \| AgAmerica](https://feedsoft.ai/events/45998-u-s-and-russia-phosphate-import-duties-agamerica.md) | -1.6% | -1.7% |
| DAP | 2020-11-23 | [Mosaic - U.S. Department of Commerce Issues Preliminary Countervailing Duty Determinations on Phosphate Fertilizer Imports from Morocco and Russia](https://feedsoft.ai/events/50089-mosaic-u-s-department-of-commerce-issues-preliminary-countervailing-duty.md) | +7.1% | +8.1% |

## Sources

- investors.mosaicco.com: https://investors.mosaicco.com/press-releases/news-details/2021/Morocco-and-Russia-Subject-to-Phosphate-Fertilizer-Import-Duties/default.aspx
- realagriculture.com: https://www.realagriculture.com/2021/03/north-american-phosphate-expected-to-trade-at-a-premium-as-u-s-clears-path-for-moroccan-and-russian-import-tariffs/
- worldfertilizer.com: https://www.worldfertilizer.com/phosphates/12032021/us-department-of-commerce-to-issue-countervailing-duty-orders-on-phosphate-fertilizers-from-russia-and-morocco/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.