# Nola DAP re-export demand drives prices higher | Latest Market News

> Re-export demand for DAP at New Orleans pushed prices up, with barges trading at $640-645/st fob and new offers at $650/st fob, about 4pc above last week. Nearly all the barges sold were for re-export to a major global distributor with a large position in Latin America. Traders are also weighing supply risk from Saudi Arabia because of the Iran conflict.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/31533-nola-dap-re-export-demand-drives-prices-higher-latest-market-news
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Re-exports tighten US phosphate supply during spring demand, and possible Strait of Hormuz disruption to Saudi cargoes could tighten global DAP further, supporting prices. Weak farmer affordability may limit how far those gains carry.

## Read by commodity

- DAP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2024-03-25 | [US MAP-DAP premium primed to return on tariffs \| Latest Market News](https://feedsoft.ai/events/31539-us-map-dap-premium-primed-to-return-on-tariffs-latest-market-news.md) | -10.7% | -13.4% |
| DAP | 2024-08-29 | [Ethiopia’s EABC seeks DAP in tender \| Latest Market News](https://feedsoft.ai/events/29118-ethiopia-s-eabc-seeks-dap-in-tender-latest-market-news.md) | +2.6% | +2.2% |
| DAP | 2024-03-25 | [India buys Moroccan DAP, TSP \| Latest Market News](https://feedsoft.ai/events/31530-india-buys-moroccan-dap-tsp-latest-market-news.md) | -10.7% | -13.4% |
| DAP | 2025-10-03 | [OCP Revenues Surge on Exports, TSP Demand \| Green Markets](https://feedsoft.ai/events/22720-ocp-revenues-surge-on-exports-tsp-demand-green-markets.md) | +1.9% | +1.6% |
| DAP | 2024-09-24 | [OCP reports 15% revenue growth in H1 2024, driven by export demand - 7news Morocco](https://feedsoft.ai/events/28659-ocp-reports-15-revenue-growth-in-h1-2024-driven-by-export-demand-7news-morocco.md) | -0.5% | +0.8% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2795242-nola-dap-re-export-demand-drives-prices-higher

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.