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A Seeking Alpha analysis says DAP prices have increased and that Mosaic is benefiting from expansions, including the Vale Fertilizantes acquisition and its stake in the Ma'aden phosphate joint venture. It notes China's phosphate exports have grown to about 15 million tons in 2017.
Improving phosphate fundamentals and China's export role shape the medium-term supply outlook for DAP, though this is investor commentary rather than a new supply event.
seekingalpha.comMuhammad Taha Bin YaminMar 21, 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.
