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Phosphate prices rose through 2018, from about US$80.22 per tonne in December 2017 to US$92.50 in November 2018, driven by Chinese raw material regulations. Analysts expect demand growth and constrained supply to support prices through 2019.
Expected tight phosphate supply supports higher DAP input costs, which can squeeze feed-grain and livestock margins.
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.