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Bangladesh's government purchase committee approved an import of 40,000 tonnes of DAP from Morocco's OCP Nutricrops at $866 per tonne. The decision was made on October 7.
A large state tender at a fixed price of $866 per tonne supports phosphate fertilizer values in the export market. The deal is a single purchase and has limited effect on global prices.
After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), 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.