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Global average diammonium phosphate (DAP) prices rose about 53% from January to September 2021, reaching $644 per ton according to World Bank data. High freight rates and energy costs drove the increase.
Several Chinese producers announced plans to curb exports, which could push prices higher.
China supplies roughly 34% of global DAP exports, so reduced Chinese shipments tighten supply for importers such as India and Pakistan and support further price gains for phosphate fertilizer, raising feed-grain production costs.
indexbox.io22 oct 2021Tras 193 eventos alcista de comercio pasados, DAP se movió una mediana de +0,4 % en 5 sesiones (54% al alza; mitad central entre -0,3 % y +1,8 %), y +1,9 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
Reports of Chinese export curbs and high freight and energy costs point to tighter global DAP supply, which supports further price gains.
