
Global phosphorus supply remains tight as sulfur shortages and export restrictions have raised costs for phosphate fertilizer producers. The article reports that production curtailments reached as much as 50% globally over the past year and that recovery could take months even if disruptions ease; India’s phosphoric acid contract price has also risen.
Higher sulfur costs and curtailed phosphate production constrain fertilizer availability and raise input costs, supporting phosphate fertilizer prices through this season and potentially longer.
After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% 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.