China has temporarily banned exports of phosphate fertilizers, with state-owned producers required to halt shipments until at least June 2022. The government cited domestic price protection, high energy costs and reduced domestic output.
China is the world's largest phosphate exporter, and buyers such as India and Pakistan had relied on its diammonium phosphate and urea.
Removing the largest phosphate exporter from the market tightens global DAP and phosphate supply during the Northern Hemisphere application season, which supports higher prices for feed-grain producers' fertilizer costs and raises the risk of tighter grain supply.
過去の強気な政策イベント151件の後、DAP は5営業日で中央値 +0.0% 動き(50% が上昇。中央50%は -0.6% から +0.9%)、20営業日では +1.9% 動きました。
過去の傾向を示すのに十分な類似イベントがまだありません。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。