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Itafos issued a press release on June 20, 2019 updating its Itafos Arraias repurpose plan and announcing a multi-year phosphate rock supply agreement with OCP Group. The company will also source from Itafos Farim once operational, and third-party rock delivery is underway.
The agreement is a company-level sourcing step for Brazilian phosphate fertilizer, with limited immediate effect on fertilizer or feed prices.
itafos.comJun 20, 2019After 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.
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.
