# Diammonium phosphate | Pressure weighs on sentiment as the winter-stockpiling market gets off to a slow start

> China’s diammonium phosphate winter-stockpiling market has started slowly, with buyers cautious, few new transactions, and prices under pressure from low-priced supplies. Sulfur prices have fallen sharply amid weak demand and rising port inventories, weakening cost support for DAP; industry capacity utilization was 33.97% as of November 5, and annual output is forecast to fall about 18% year over year.

- Date: 2026-11-11 · published 2026-11-11T12:13:12.618Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/93445-diammonium-phosphate-pressure-weighs-on-sentiment-as-the-winter-stockpiling
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Slow winter-stockpiling demand and ample supplies are bearish for DAP prices. Lower sulfur costs also reduce production-cost support, although reduced operating rates could limit supply.

## Read by commodity

- DAP: bearish ▼

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/roll/2026-11-11/doc-iniykehe9130894.shtml

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