
Mosaic Co. has filed two federal lawsuits at the Court of International Trade arguing that countervailing duties on phosphate fertilizer imports from Morocco and Russia are too low. Mosaic says the Commerce Department miscalculated foreign government subsidies, and Commerce set a 19.97% duty rate for OCP SA's fertilizer.
Imports from Morocco were about $730 million in 2019 and from Russia about $300 million.
If the court raises the duties, imported phosphate fertilizer such as DAP would cost more in the US, supporting domestic prices and reducing import competition for US producers.
Na 151 eerdere opwaarts beleid-gebeurtenissen bewoog DAP zich mediaan +0,0% over 5 sessies (50% hoger; middelste helft -0,6% tot +0,9%), en +1,9% 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.