Bangladesh's government approved purchases of 70,000 tonnes of fertiliser for the Aman season, including 40,000 tonnes of DAP from Morocco at $894 per tonne and 30,000 tonnes of TSP at $669.33 per tonne. DAP prices have risen since August while TSP prices have declined.
State buying adds near-term demand for DAP while TSP's lower price reflects weaker international demand for that product.
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.
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.