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Vietnam's Ministry of Industry and Trade imposed safeguard duties on imported DAP and MAP fertilizers via Decision 686 issued March 7. The duty starts at about US$50 per tonne and falls the following year, with the measure lasting two years.
Vietnam's import tax on Chinese phosphates trims export demand for Chinese DAP, supporting regional phosphate prices while having little direct effect on feed commodities.
vinachem.com.vnMar 19, 2018After 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.
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.
