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A Daily Nation investigation says Kenyan fertilizer importers and distributors have built a cartel-like market structure, with the subsidised-fertilizer board handling storage and distribution but not guaranteeing fair farm-gate prices. The article says Kenyan farmers may pay more for fertilizer than farmers in any other country.
Higher delivered fertilizer costs in Kenya squeeze maize farmers' margins and reduce local output, which increases dependence on imported maize. The effect on global fertilizer prices is minimal.
nation.africaJOHN KAMAUApr 26, 2019Not 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.
