Loading…
DAP prices rose modestly week-over-week in most major markets for the week ending July 13, 2018, with Tampa up 1.7% to $427/mt and Morocco up to $438/mt. Year-over-year gains ranged from 19% in Morocco to 29% in NOLA.
Steady firming in phosphate prices raises the cost of phosphorus inputs for crop producers and supports the outlook for fertilizer producers, though the weekly moves are small and reflect routine price drift rather than a new shock.
marketrealist.comAdam JonesJul 16, 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.
