# DAP Prices Soar in North America and Europe Amidst Strong Demand and Supply Chain Disruptions

> DAP prices rose in North America and Europe in the second half of August 2023. Strong demand from Brazil, pre-hurricane stockpiling, and Hurricane Idalia port closures tightened US supply, while higher ammonia and phosphoric acid costs pushed European prices up.

- Date: 2023-09-15 · published 2023-09-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34436-dap-prices-soar-in-north-america-and-europe-amidst-strong-demand-and-supply
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher phosphate fertilizer costs raise input costs for crop producers and feed ingredient supply chains, supporting fertilizer price levels into the fall application season.

## Read by commodity

- DAP: bullish ▲
- UREA: neutral

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/dap-prices-soar-in-north-america-and-europe-amidst-strong-demand-and-supply-chain-19646

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