◂ Event Timeline

Oct 1, 2026TRADEMorocco

S&P drops two Morocco-linked fertilizer price benchmarks as trade flows shift

Platts is ending its FOB Morocco, Bulk, NOLA netback assessments for DAP and MAP, announced in a note published October 1. The change follows shifts in phosphate trade flows.

WHY IT MATTERS

Losing a benchmark reduces price transparency for DAP and MAP cargoes moving from Morocco into the US market.

AFFECTSDAP◆

SOURCE
en.bladi.netOct 1, 2026

Price reaction & history

DAP◆neutralSO FAR1d 0.0%5d -0.3%20d 0.0%

After 36 past neutral trade events, DAP moved a median +0.7% over 5 sessions (64% higher; middle half -0.0% to +2.1%), and +0.4% over 20.

Mar 16, 2022Morocco's OCP aims to boost fertilizer output despite lack of Russian ammonia | Financial Post+3.1%
Oct 28, 2024Morocco’s phosphate fertilizer exports to EU surge, securing a strong position in European market - The Morocco Post+0.9%
Oct 7, 2019The Green Markets Weekly North America Fertilizer Price Index declined 1.2% this week. NOLA continued to trade in a narrow range and declined $7/ST. NOLA declined $1 and Cornbelt rose $5/ST. | Daniel Houder-2.1%
Jul 15, 2025Mint Primer: What India is now doing to avoid a fertilizer shock | Mint+2.1%
Jun 5, 2024Phosphate Trade Surges as Morocco's Export Powerhouse Fuels Growth+0.7%

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.

DAP DAP · GP ▸

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S&amp;P drops two Morocco-linked fertilizer price benchmarks as trade flows shift

S&amp;P drops two Morocco-linked fertilizer price benchmarks as trade flows shift

S&P drops two Morocco-linked fertilizer price benchmarks as trade flows shift

S&P drops two Morocco-linked fertilizer price benchmarks as trade flows shift