# SunSirs: Phosphate fertilizer price reduction, ammonium biphosphate and DAP trend is sluggish (4.1-4.16)

> SunSirs data show Chinese monoammonium phosphate and 64% DAP ex-factory prices slipping about 0.3-0.8% between April 1 and April 16, 2020. Domestic phosphate orders are scarce and the market is sluggish. Prices remain near multi-year cycle lows.

- Date: 2020-04-17 · published 2020-04-17T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/53954-sunsirs-phosphate-fertilizer-price-reduction-ammonium-biphosphate-and-dap-trend
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Weak Chinese phosphate demand and falling prices point to softer global DAP and MAP pricing and reduced phosphate costs for feed producers.

## Read by commodity

- DAP: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-2231.html

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