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Chinese monoammonium and diammonium phosphate export offers have fallen, with MAP FOB China quoted at $270-280 per ton and DAP at $329-330 per ton. Domestic Chinese factory prices are higher than export prices, and the trading situation is described as stagnant.
Weaker Chinese export prices and sluggish demand add downside pressure on global phosphate fertilizer prices, which can ease costs for feed-grain producers over time.
fcchemicals.comPhosphate fertilizer prices dropAug 23, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
