
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.
Na 40 eerdere neerwaarts handel-gebeurtenissen bewoog DAP zich mediaan -0,1% over 5 sessies (38% hoger; middelste helft -3,7% tot +0,5%), en -2,4% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.