# Diammonium Phosphate Prices Continue To Rise, And The Market Is Firm

> Chinese diammonium phosphate averaged 3,772 yuan/ton in late December, up 4.29% from early December. Supply is tight, especially for 64% grade, as strong export demand and limited domestic availability left some areas with spot shortages.

- Date: 2022-12-21 · published 2022-12-21T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/38548-diammonium-phosphate-prices-continue-to-rise-and-the-market-is-firm
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Tight Chinese supply and firm export demand keep phosphate input prices elevated, which supports DAP costs for global buyers while China's exports remain a key source of supply.

## Read by commodity

- DAP: bullish ▲

## Sources

- fdd-global.com: https://www.fdd-global.com/article-hot-news/diammonium-phosphate-prices-continue-to-rise-and-the-market-is-firm.html

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