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US government determinations in the phosphate anti-dumping and countervailing duty cases against Morocco and Russia are expected imminently. The USITC plans a final injury investigation, probably in mid-to-late December, and the Commerce investigation is still progressing.
Pending affirmative findings could impose duties on phosphate imports, tightening US supply and lifting fertilizer and feed phosphate prices. The timing of the decision creates near-term price uncertainty.
feedinfo.comOct 9, 2020After 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.
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.
