
Morocco is preparing to receive two shipments of Russian sulfur at the Jorf Lasfar port, loaded in October at Ust-Luga. The cargoes are for fertilizer production by OCP Group.
Morocco has expanded purchases from Russia and other countries to offset declining UAE supplies.
Sulfur is a key input for phosphate fertilizer, and tight Gulf supply is raising phosphate costs. Morocco's shift to Russian sulfur eases part of the shortfall but signals continued tightness, supporting phosphate and DAP prices.
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.
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.