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DAP markets in Europe and North America were bearish in the first half of November as end-user demand fell. Europe faced a wet autumn and Storm Ciaran that hindered winter crop planting.
The Middle East DAP market stayed bullish on firm international demand.
Weak spring application demand in Europe and North America is pressuring DAP prices lower, while Middle East strength supports regional prices.
chemanalyst.comPatrick KnightNov 23, 2023Not 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.
