# Mosaic - U.S. Department of Commerce Issues Final Affirmative Countervailing Duty Determinations on Phosphate Fertilizer Imports from Morocco and Russia

> The US Department of Commerce issued final affirmative countervailing duty determinations on phosphate fertilizer imports from Morocco and Russia. It set a 19.97% subsidy rate for OCP, rates of 9.19% for PhosAgro and 47.05% for EuroChem, and 17.2% for other Russian producers. The US International Trade Commission's injury ruling is due by mid-March.

- Date: 2021-02-09 · published 2021-02-09T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/48568-mosaic-u-s-department-of-commerce-issues-final-affirmative-countervailing-duty
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

If the ITC ruling is affirmative, duties would restrict lower-priced Moroccan and Russian phosphate imports, tightening US supply and supporting DAP and TSP prices.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| DAP | 2020-07-17 | [U.S. Department of Commerce Initiates Countervailing Duty Investigations of Imports of Phosphate Fertilizers from Morocco and Russia](https://feedsoft.ai/events/52061-u-s-department-of-commerce-initiates-countervailing-duty-investigations-of.md) | +1.3% | +11.1% |
| DAP | 2021-02-16 | [Federal Register
       :: 
      Phosphate Fertilizers From the Kingdom of Morocco: Final Affirmative Countervailing Duty Determination](https://feedsoft.ai/events/48565-federal-register-phosphate-fertilizers-from-the-kingdom-of-morocco-final.md) | +0.4% | +0.4% |
| DAP | 2020-11-30 | [Federal Register
       :: 
      Phosphate Fertilizers From the Russian Federation: Preliminary Affirmative Countervailing Duty Determination](https://feedsoft.ai/events/50087-federal-register-phosphate-fertilizers-from-the-russian-federation-preliminary.md) | +1.1% | +4.4% |
| DAP | 2020-06-29 | [United States launches countervailing duty investigation on imported phosphate fertilizers from Morocco and Russia-China urea, Adblue urea, DEF urea supplier-STARCO CHEM](https://feedsoft.ai/events/52430-united-states-launches-countervailing-duty-investigation-on-imported-phosphate.md) | +4.8% | +9.3% |

## Sources

- investors.mosaicco.com: https://investors.mosaicco.com/press-releases/news-details/2021/U.S.-Department-of-Commerce-Issues-Final-Affirmative-Countervailing-Duty-Determinations-on-Phosphate-Fertilizer-Imports-from-Morocco-and-Russia/default.aspx
- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/crops/article/2021/02/11/commerce-department-phosphorus

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