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Jordan Phosphate Mines signed a contract with Indian firms to supply 5.2 million tonnes of phosphate ore in 2017, with prices tied to global markets. A separate deal with Bangladesh covers 270,000 tonnes of phosphate and phosphoric acid over three years.
Large committed phosphate supply to India and Bangladesh supports export flows and underpins phosphate rock and DAP availability, which helps keep feed-phosphate input costs stable.
customstoday.mediaCT ReportJun 5, 2017Not enough comparable past events yet for a historical read.
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.
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.
