The US International Trade Commission began a countervailing duty investigation into phosphate fertilizer imports from Morocco in June 2020, after a petition from Mosaic. Imports of DAP and MAP from Morocco fell to zero by August, and a final duty decision is expected in February 2021, with duties possibly applied retroactively to June.
Halted Moroccan imports tighten US phosphate supply ahead of spring application, which supports higher DAP and MAP prices. The pending duty decision adds further uncertainty to availability and cost.
Na 193 eerdere opwaarts handel-gebeurtenissen bewoog DAP zich mediaan +0,4% over 5 sessies (54% hoger; middelste helft -0,3% tot +1,8%), 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.
The US CVD investigation on Moroccan phosphate cut imports to zero and tightened US supply, with a final decision due in February 2021, supporting a sharp DAP price jump.