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Moroccan fertilizer exports to the US rose 33.6% by volume in the first nine months of 2026, led by concentrated superphosphate, while shipments to Canada fell 27.8%. Morocco's sulfur imports from the US and Canada surged, with the US sulfur value per tonne rising sharply.
Sharply higher sulfur costs raise phosphate production costs in Morocco, a major supplier, which supports phosphate fertilizer prices and shifts trade flows toward the US.
en.hespress.comNov 12, 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.
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.
