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Jordan's state phosphate producer JPMC has signed deals to supply phosphate ore to Indian firms and phosphate and phosphoric acid to Bangladesh. Jordan is also exploring diammonium phosphate exports.
New multi-year export contracts with India and Bangladesh add supply-side demand for Jordanian phosphate, supporting phosphate rock and DAP trade flows.
oxfordbusinessgroup.comOBG AdminApr 20, 2017Not enough comparable past events yet for a historical read.
After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), 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.
