# US Diammonium phosphate (DAP) Pricing Continues to Break Records, Trend to Stay Firm till the Year-End

> US diammonium phosphate (DAP) prices are at record levels, with Illinois delivered DAP around $780 per tonne this week. Hurricane-related outages in Q3, high natural gas costs for ammonia, and record phosphate rock prices are tightening supply. Market players expect DAP to finish the year up about 60%.

- Date: 2021-12-27 · published 2021-12-27T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/43939-us-diammonium-phosphate-dap-pricing-continues-to-break-records-trend-to-stay
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher DAP and ammonia costs raise the input cost for US corn growers and could push some farmers toward less fertilizer-intensive crops. Firm phosphate prices are likely to persist into Q1 2022 until capacity recovers.

## Read by commodity

- DAP: bullish ▲

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/us-diammonium-phosphate-dap-pricing-continues-to-break-records-8995

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