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Ukrainian producers have lost 92% of the domestic complex fertilizer market because they must import phosphorus and potassium raw materials, making their finished product more expensive. Complex fertilizers still arrive from Kazakhstan, Belarus, Uzbekistan, Poland, Turkey, Morocco and other countries despite an embargo on Russian imports.
Import dependence and higher costs keep Ukrainian fertilizer demand tied to foreign supply, with limited direct effect on global feed commodity prices.
fertilizerdaily.comAndrey ViktorovJun 18, 2020Not enough comparable past events yet for a historical read.
After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% over 20.
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.
