Chinese DAP prices fell about 4.5% to USD 530/MT FOB Qingdao in the week ending April 26, 2024, after Beijing loosened its export restrictions in April. The release of supply pushed offers lower in recent tenders, while a 10-day export approval process slowed the decline somewhat.
Extra Chinese DAP supply in a market already seen as oversupplied pressures global phosphate prices lower, which eases input costs for feed and grain producers buying phosphate.
Setelah 50 peristiwa kebijakan bearish sebelumnya, DAP bergerak median +0,9% selama 5 sesi (62% lebih tinggi; separuh tengah -0,1% sampai +1,6%), dan +0,9% 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.