Loading…
A ship carrying Western Sahara phosphate has been sailing with shifting destinations, ultimately listing China while heading toward New Zealand. Saharawi refugees protest New Zealand's continued use of Western Sahara phosphate, and the article questions the government's stance.
Pressure on New Zealand fertilizer imports from Western Sahara could tighten phosphate supply sourcing for regional buyers, though the effect on global prices is likely limited.
odt.co.nzBruce MunroJul 14, 2019Not enough comparable past events yet for a historical read.
After 40 past logistics events, DAP moved a median +0.4% over 5 sessions (57% higher; middle half -0.6% to +0.9%), and +1.1% 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.
