# DAP offtake grows by 180.2% YoY in August owing to anticipations of price increase

> Total DAP offtake in Pakistan reached about 295 thousand tonnes in August 2020, up 180.2% year on year, according to the National Fertilizer Development Centre. Buyers were reportedly stocking up ahead of expected domestic price increases in line with international markets. Cumulative Kharif 2020 DAP offtake (April-August) was 934 thousand tonnes, up 22.1%.

- Date: 2020-09-23 · published 2020-09-23T12:00:00.000Z
- Category: market · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/51411-dap-offtake-grows-by-180-2-yoy-in-august-owing-to-anticipations-of-price
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Front-loaded buying signals tightening phosphate supply and expectations of higher prices, which supports DAP and related phosphate fertilizer costs for feed and crop producers.

## Read by commodity

- DAP: bullish ▲

## Sources

- mettisglobal.news: https://mettisglobal.news/dap-offtake-grows-by-180-2-yoy-in-august-owing-to-anticipations-of-price-increase

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