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DAP prices were mixed in the week ending January 19, rising in Central Florida, Tampa and India but falling in NOLA, and unchanged in Morocco, Saudi Arabia and China. Year-over-year gains of roughly 15% to 21% were reported across the locations.
Phosphate prices remain firmly above year-earlier levels, which keeps input costs elevated for feed-grain and oilseed producers. Week-to-week moves are small, so the near-term price direction is largely flat.
marketrealist.comAdam JonesJan 22, 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.
