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Mosaic said it will suspend production at its Tapira and Catalão phosphate mines in Brazil after failing to get a deadline extension for dam stability certification. The suspension affects three dams under new safety rules.
Lost Brazilian phosphate output tightens global DAP and MAP supply, supporting prices for phosphate feed and fertilizer inputs.
reuters.comMarcelo TeixeiraApr 11, 2019After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
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.
