# SunSirs: The Ammonium Phosphate Market Performs Brightly in 2020, and the Price Is Still High at the End of the Year

> SunSirs reports that Chinese ammonium phosphate prices rose about 11% in December, with 64% DAP averaging 2,440 RMB/ton on December 23 versus 2,200 RMB/ton on January 1. The market was volatile through 2020, with a spring rally, a second-quarter slump and a late-year recovery.

- Date: 2020-12-25 · published 2020-12-25T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/49949-sunsirs-the-ammonium-phosphate-market-performs-brightly-in-2020-and-the-price
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Higher Chinese phosphate prices reflect firm input costs in a major producer and importer market, supporting the global DAP price trend and keeping phosphate costs elevated for feed ingredient producers.

## Read by commodity

- DAP: bullish ▲

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-3971.html

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