
A group of 39 US lawmakers, with bipartisan support, asked the Commerce Department to cut countervailing duties on Moroccan phosphate fertilizer from about 20%. They said US farmers are short of supply, with the US needing to import 2.7 million tonnes against demand of 7.4 million.
They also said US DAP prices run 11% above Brazil and 8% above India.
Lower duties would let more Moroccan DAP into the US, easing the supply gap and pressuring domestic DAP prices. The request is not yet a decision, so the effect is still prospective.
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.