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The White House modified its tariff order so that key nitrogen and phosphate fertilizers, including ammonia, urea, UAN, DAP and MAP, are exempt from US import tariffs, effective for goods imported from 13 November. The tariffs had been in place for about seven months and had raised US fertilizer prices to multi-year highs.
Most exporters except Russia had faced tariffs of 10-15%, with some up to 30%.
Removing tariffs should lower US delivered fertilizer costs and could restore import flows, easing pressure on farm input budgets. Cheaper nutrients may encourage farmers to resume purchases ahead of the spring planting season.
argusmedia.comCalder Jett, Sneha Kumar25 Mar 2024Setelah 81 peristiwa perdagangan bearish sebelumnya, Urea bergerak median -1,0% selama 5 sesi (28% lebih tinggi; separuh tengah -7,2% sampai +0,4%), dan -5,5% selama 20 sesi.
Setelah 40 peristiwa perdagangan bearish sebelumnya, DAP bergerak median -0,1% selama 5 sesi (38% lebih tinggi; separuh tengah -3,7% sampai +0,5%), dan -2,4% 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.
