# Surging Middle East DAP Demand Amid Reduced Supply Crunches

> Saudi market players raised DAP prices 10.7% in the first half of August 2024. China's DAP exports fell 37% in the first half of the year to 1.51 million tons, pushing buyers toward Russia, Vietnam, Egypt and the Middle East.

- Date: 2024-08-26 · published 2024-08-26T12:00:00.000Z
- Category: trade · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/4541-surging-middle-east-dap-demand-amid-reduced-supply-crunches
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Reduced Chinese export availability tightens global phosphate supply, supporting higher DAP prices as importers compete for alternative origins.

## Read by commodity

- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-12-17 | [Palm Oil Demand Steady Amid Indonesia’s B40 Mandate and Export Levy Adjustments – MPOC](https://feedsoft.ai/events/15600-palm-oil-demand-steady-amid-indonesia-s-b40-mandate-and-export-levy-adjustments.md) | -2.4% | -12.4% |
| PALMOIL | 2021-01-19 | [Malaysia files request for consultations with the European Union and Certain Member States on certain measures concerning palm oil and oil palm crop-based biofuels at the WTO on January 15](https://feedsoft.ai/events/49045-malaysia-files-request-for-consultations-with-the-european-union-and-certain.md) | -0.9% | -0.9% |
| PALMOIL | 2020-08-11 | [Anti-Subsidy Duties on Indonesian Biodiesel Must Be Revisited](https://feedsoft.ai/events/51473-anti-subsidy-duties-on-indonesian-biodiesel-must-be-revisited.md) | +0.2% | +6.4% |
| PALMOIL | 2022-09-23 | [Zuraida: Extension of Indonesia’s export levy waiver won’t impact demand for Malaysia’s crude palm oil \| Malay Mail](https://feedsoft.ai/events/15792-zuraida-extension-of-indonesia-s-export-levy-waiver-won-t-impact-demand-for.md) | -3.0% | -1.2% |
| PALMOIL | 2025-07-16 | [Indonesia clinches US trade deal, says Trump was a 'tough negotiator' \| Reuters](https://feedsoft.ai/events/24091-indonesia-clinches-us-trade-deal-says-trump-was-a-tough-negotiator-reuters.md) | +1.4% | +5.8% |

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/surging-middle-east-dap-demand-amid-reduced-supply-crunches-29905

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