# SunSirs: The Price of Ammonium Biphosphate Increased, While the Market for DAP Remained Firm (July 24-28)

> SunSirs reports that the average price of 55% powdered ammonium phosphate in China rose from 2,566 to 2,616 RMB/ton between July 24 and July 28, a gain of about 1.95%. The average price of 64% DAP held at 3,687 RMB/ton, with tight supply and firm export demand cited.

- Date: 2023-08-01 · published 2023-08-01T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/9266-sunsirs-the-price-of-ammonium-biphosphate-increased-while-the-market-for-dap
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Firm Chinese DAP prices and tight supply support global phosphate values, and rising export demand may keep upward pressure on phosphate-based feed mineral costs.

## Read by commodity

- DAP: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2023-08-03 | 5 | +14.5% | 3.7 | Chinese DAP held firm at a high level with tight supply and firm export demand, and ammonium phosphate rose, supporting the global DAP price move. |

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-13887.html

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