
PhosAgro reported third-quarter 2026 revenue of 164.7 billion rubles, up 15% year over year, while EBITDA was nearly flat and net profit fell 37.2%. DAP prices were higher than a year earlier, but sharply increased sulfur and sulfuric acid costs weighed on profitability.
Higher DAP prices and rising sulfur costs point to continued cost pressure in phosphate fertilizers, supporting prices even as producers’ margins come under strain.
After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% 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.