
The US Department of Commerce initiated countervailing duty investigations into phosphate fertilier imports from Morocco and Russia, petitioned by The Mosaic Company. Commerce will examine eight alleged subsidy programs for each country, including loans, tax programs and less-than-adequate-remuneration benefits.
Imports in 2019 were valued at about $729.4 million from Morocco and $299.4 million from Russia.
If Commerce and the ITC find subsidies and injury, duties would cut lower-priced phosphate imports and support US DAP and phosphate prices. Feed buyers could face higher costs for phosphate-based inputs over the coming months.
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。
過去の強気な貿易イベント193件の後、DAP は5営業日で中央値 +0.4% 動き(54% が上昇。中央50%は -0.3% から +1.8%)、20営業日では +1.9% 動きました。
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。