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CRU reports DAP FOB Tampa up 22% since September 2017 to $410/t, driven by sulphur prices that doubled in four months. Strong demand, capacity closures and Chinese supply controls offset new capacity from Saudi Arabia and Morocco.
Higher sulphur and ammonia costs plus Chinese supply curbs keep phosphate prices elevated, raising feed-phosphate and input costs for buyers.
crugroup.comAuthor Chris Lawson PhosphatesMar 1, 2018
prnewswire.comCRUMar 2, 2018
prnewswire.co.ukCRUMar 2, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
