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Vietnamese DAP fertiliser prices rose sharply, by VNĐ1.5-1.9 million (US$66-84) per tonne, ahead of a temporary safeguard tax on imported DAP that takes effect August 19. NPK prices also rose VNĐ300,000-500,000 per tonne because DAP is a main input.
Pre-tax buying and higher import costs lift domestic phosphate prices in Vietnam, raising costs for feed-linked crop and livestock producers and tightening local phosphate supply.
vietnamnews.vnAug 8, 2017After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
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.
