Loading…
Inland and New Orleans phosphate prices have surged in early trading this week, according to Green Markets. The report gives no specific new cause for the move.
Rising phosphate prices raise the cost of DAP and other phosphate inputs for crop producers, and can feed through to higher costs for phosphate-supplemented feed ingredients.
fertilizerpricing.comSteve SeayJan 27, 2021Not 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.
Green Markets reported inland and New Orleans phosphate prices surging in the week of Jan 27, directly reflecting the US DAP price spike just before the window.
