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The US Department of Commerce announced preliminary countervailing duty rates on phosphate fertilizer from Morocco and Russia, with rates ranging from about 21% to 72.5% depending on producer. Final rulings are expected in February and April after further review.
Industry commentary says Moroccan and Russian product is unlikely to reach the US directly.
Large duties on major phosphate sources will push up US and North American fertilizer prices as import supply is displaced and trade routes become less efficient.
realagriculture.comShaun Haney2020年11月24日在过去 193 次看涨的贸易事件之后，DAP 在 5 个交易日内中位数变动 +0.4%（54% 上涨；中间一半区间为 -0.3% 至 +1.8%），20 个交易日内为 +1.9%。
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。
Report of large preliminary tariffs on Russian and Moroccan phosphate on Nov 24 signals tighter US import supply, supporting a DAP price jump.
