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The US Gulf DAP spot price was $535.63/ton in November 2023, up 0.16% from October but down 19.53% from the same month last year. The report presents the monthly change alongside the annual decline.
Flat month-on-month US DAP prices with a large annual decline indicate softening phosphate costs in the US market.
After 38 past neutral report events, DAP moved a median +0.5% over 5 sessions (61% higher; middle half -0.5% to +1.6%), and +3.9% over 20.
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.