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DAP prices rose week-over-week at all locations discussed, with Central Florida up 3.5% to $322 per metric ton and NOLA up 2.8% to $302. Morocco rose 1.1% to $370 and prices were higher year-over-year in each market.
Firmer phosphate prices raise fertilizer costs, though Mosaic and PotashCorp described phosphate markets as weak due to excess capacity, limiting the upside.
marketrealist.comAdam JonesNov 7, 2017Not 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.
