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DAP prices outside the US, including Morocco, Saudi Arabia, India and China, edged down or stayed flat in the latest week after peaking in late August. US prices (NOLA, Central Florida) kept rising while Tampa was flat.
Divergence between US and export DAP prices suggests softer global phosphate pressure, though US supply tightness keeps domestic phosphate costs elevated for feed mineral and fertilizer buyers.
marketrealist.comAdam JonesSep 17, 2018Not 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.
