
China’s preliminary customs data show fertilizer exports fell 18.8% by volume and 32.5% by value in January–October 2026 year over year. Over the same period, fertilizer imports increased substantially in both volume and value; October exports also declined year over year.
Lower Chinese export volumes could reduce fertilizer availability in overseas markets, while higher imports point to stronger Chinese demand for supplies. The figures may support global fertilizer prices, although the article does not break out individual fertilizer products.
After 150 past report events, Urea moved a median +0.0% over 5 sessions (50% higher; middle half -2.3% to +2.7%), and +1.6% over 20.
Not enough comparable past events yet for a historical read.
After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% 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.