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Morocco's OCP group said it could stop selling fertilizer in the US if a countervailing duty is imposed on its imports, and would redirect exports to other markets. OCP plans to challenge the petition, which was filed by Mosaic, and says its products receive no state subsidy.
If OCP exits the US, global phosphate supply would be redirected rather than lost, but US buyers could face tighter DAP and MAP availability and higher prices.
en.yabiladi.comLatifa Babas24 de jul. de 2020Após 193 eventos altista de comércio passados, DAP subiu em mediana +0,4% em 5 sessões (54% de alta; metade central de -0,3% a +1,8%), e +1,9% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
OCP's warning that it could stop selling in the US and redirect exports signals potential US supply tightness and trade flow disruption, adding to bullish DAP sentiment.
