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Indian fertiliser importers expect higher costs if coronavirus disruptions in China shut plants and extend workers' holidays. Chinese New Year celebrations were cancelled and China's fertiliser exports could decline.
Reduced Chinese output of fertilizer would tighten global supply and could push DAP and other fertilizer prices higher, raising feed-grain input costs over time.
business-standard.comBS Reporters2020年1月31日在过去 11 次看涨的疫病事件之后，DAP 在 5 个交易日内中位数变动 +0.9%（64% 上涨；中间一半区间为 0.0% 至 +3.3%），20 个交易日内为 +2.9%。
在过去 758 次看涨各类事件之后，尿素 在 5 个交易日内中位数变动 +0.1%（51% 上涨；中间一半区间为 -1.6% 至 +2.7%），20 个交易日内为 +1.3%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
Expected Chinese plant closures and lower fertiliser exports from the coronavirus raise import cost expectations for DAP buyers like India, a supply-side driver of the price jump.
Chinese plant closures and cancelled holidays could cut China's fertiliser exports, raising import costs for buyers like India and lifting DAP prices through supply and trade-flow effects.
Expected Chinese plant closures and lower fertiliser exports raise import-cost expectations for major DAP buyer India, supporting DAP prices through supply and sentiment channels.
