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Granular DAP prices held relatively steady in November despite a sharp drop in demand in Iberia. A recent fall in sulphur costs is easing production expenses, while shipping disruptions through the Strait of Hormuz keep supply tight.
Sulphur is a key input for DAP, so lower sulphur costs cushion producer margins, but Hormuz disruptions keep supply risk elevated for phosphate fertilizer buyers.
elconfidencialquimico.comSergio GalvánNov 13, 2026Not 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.
