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Ammonium phosphate prices have risen sharply since February, with DAP up 30.5% and MAP up 33% over that period. Over the past two weeks alone, prices rose by an average of 180 zloty per tonne compared with late October.
Higher phosphate fertilizer costs raise crop production costs and can squeeze the margins of feed grain and oilseed growers, supporting prices for phosphate-dependent crops and feed inputs.
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.