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US DAP prices stayed stagnant at the start of Q3 2024 with quotations unchanged in July amid balanced supply and demand. Domestic agricultural offtake was moderately low, while buyers stocked up ahead of possible hurricane-related disruptions.
Flat US DAP prices and moderate farm demand signal limited near-term upward pressure on phosphate input costs for US buyers.
chemanalyst.comRobert HumeAug 7, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
