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EU imports of Russian phosphate rock rose 17% in value year on year, reaching a 10-year high for the January to September period. Russia accounted for 38% of EU phosphate rock import value, making it the largest supplier.
Growing Russian supply to the EU reinforces ample phosphate rock availability, which can ease input costs for phosphate fertilizers used in feed grain production.
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.