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PhosAgro disputed Mosaic's anti-dumping and countervailing duty petition against phosphate imports from Russia and Morocco, filed June 26, 2020. The company said the investigation had nearly stopped supplies to the US, pushing domestic prices up by more than $60 per ton.
Reduced phosphate import flows into the US are tightening domestic supply and lifting DAP prices, which raises the cost of fertilizer inputs for US crop production.
fertilizerdaily.comSergey MezhakSep 3, 2020After 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.
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.
