MAP phosphate fertilizer prices rose in the export market after three weeks of decline, according to Globalfert. Indian buyers were active for the Kharif planting, and China was negotiating large volumes, pushing export prices higher.
India also raised its DAP subsidy, which may boost imports.
Strong import demand from India and China tightens available phosphate supply, supporting DAP prices for feed and crop buyers. Higher phosphate costs can also raise the expense of growing the grain and oilseed crops that feed buyers depend on.
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.
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.