Wholesale Phosphate Prices Rise as US Weighs Duties Against Morocco, Russia

After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.

• Jan 19, 2021Import Duties Against Moroccan Phosphate Imports Threaten US Farmers’ Access to Key Fertilizers – Phosphate Price+3.4%
• Jul 24, 2021U.S. and Russia: Phosphate Import Duties | AgAmerica-1.6%
• Aug 10, 2020Phosphate prices up as Mosaic pushes for duties+3.4%
• Mar 11, 2021Mosaic - Morocco and Russia Subject to Phosphate Fertilizer Import Duties-0.6%
• Feb 17, 2021Ag groups urge against phosphate countervailing duties-1.1%

Not enough comparable past events yet for a historical read.

After 23 past neutral trade events, Urea moved a median 0.0% over 5 sessions (48% higher; middle half -1.1% to +1.0%), and +2.8% over 20.

• Mar 16, 2022Morocco's OCP aims to boost fertilizer output despite lack of Russian ammonia | Financial Post-1.0%
• Jan 12, 2024Urea looks poised for increases, while Potash prices are falling.+0.2%
• May 6, 2021Will fertiliser prices fall in the middle of this month?+4.1%
• Jul 7, 2025India Tender Drives Urea Price as Iran, Egypt Resume Production | CZ app+3.6%
• Sep 23, 2025Fertiliser Prices Surging Despite Strong Exports – News – SSY-1.1%