
Fertiliser prices rose sharply from mid-January 2021, with US Gulf DAP up 36% year to date. The rally was driven by demand from farmers restocking nutrients and by supply constraints, including a US Commerce countervailing duty on phosphate imports.
Prices are expected to ease by the end of the second quarter as Northern Hemisphere demand slows.
Higher phosphate and nitrogen costs raise input expenses for grain and feed producers, while import duties tighten North American supply and keep phosphate prices elevated.
Setelah 193 peristiwa perdagangan bullish sebelumnya, DAP bergerak median +0,4% selama 5 sesi (54% lebih tinggi; separuh tengah -0,3% sampai +1,8%), dan +1,9% selama 20 sesi.
Setelah 176 peristiwa perdagangan bullish sebelumnya, Urea bergerak median +0,1% selama 5 sesi (51% lebih tinggi; separuh tengah -1,3% sampai +2,4%), dan +1,6% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.