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The U.S. Commerce Department’s final five-year review found that countervailable subsidies on Moroccan phosphate fertilizers would likely continue or recur if the existing duty order were revoked, estimating a net subsidy rate of 20.04% for OCP and other covered producers and exporters. The finding does not impose a new duty or restart collections, which were temporarily suspended under a June presidential decision to help maintain fertilizer availability for U.S. farmers.
The review keeps the legal basis for duties in place, leaving uncertainty over future access and trade flows for Moroccan phosphate fertilizer. Continued or resumed duties could raise costs for U.S. fertilizer buyers, although collections remain suspended for now.
al3omk.comNov 11, 2026After 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.
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.
