
Morocco’s fertilizer exports to France fell 42.2% by volume in the first nine months of the year, to 101,900 tonnes, while their value declined 29.1% to $76.6 million. Shipments of Moroccan DAP fell 59.9% and compound NPK fertilizers fell 82.9%, although Morocco remained France’s leading supplier of superphosphate.
Reduced Moroccan shipments tighten fertilizer availability for French buyers, particularly for DAP and compound fertilizers, and may support prices in that destination market. Higher average customs values partly offset the effect of lower shipment volumes on export value.
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.