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The Irish Farmers' Association welcomed EU Commissioner Phil Hogan's request that Competition Commissioner Margrethe Vestager act on questionable business practices in the EU fertilizer market. The request follows the recent imposition of temporary anti-dumping duties on certain non-EU UAN imports.
The IFA cited an IFPRI study finding EU farmers pay among the highest mineral fertilizer prices in the world.
A competition probe into EU fertilizer pricing could change market structure and pricing behavior, though its near-term effect on prices is uncertain. Buyers in Europe should monitor any regulatory outcome.
ifa.ieMay 12, 2019After 199 past policy events, Urea moved a median -0.5% over 5 sessions (43% higher; middle half -2.0% to +1.9%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
After 250 past policy events, DAP moved a median +0.1% over 5 sessions (53% higher; middle half -0.6% to +1.3%), and +1.5% 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.
