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Phosphate fertiliser producers expect margins to stay under pressure from high sulphur costs, according to recent quarterly results statements. Sulphur prices have softened somewhat recently but remain elevated.
Sulphur is a key input for phosphoric acid and DAP production, so sustained high sulphur costs keep phosphate fertiliser prices firm, raising feed-ingredient input costs for livestock producers.
Not enough comparable past events yet for a historical read.
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.