Memuat…
Re-export demand for DAP at New Orleans pushed prices up, with barges trading at $640-645/st fob and new offers at $650/st fob, about 4pc above last week. Nearly all the barges sold were for re-export to a major global distributor with a large position in Latin America.
Traders are also weighing supply risk from Saudi Arabia because of the Iran conflict.
Re-exports tighten US phosphate supply during spring demand, and possible Strait of Hormuz disruption to Saudi cargoes could tighten global DAP further, supporting prices. Weak farmer affordability may limit how far those gains carry.
argusmedia.comTaylor Zavala25 Mar 2024Setelah 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.
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.
