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Pakistan's DAP price rose by Rs300 per bag to Rs10,886, bringing its increase this month to Rs510. The rise followed sharp rupee depreciation and higher input costs, and DAP offtake in December 2022 grew 35.2% year on year.
A weaker local currency raises landed import costs for phosphate, pushing domestic DAP prices higher. Buyers in Pakistan face higher phosphate costs, and the currency pressure keeps upward pressure on prices.
mettisglobal.newsMG News8 Feb 2023Setelah 28 peristiwa makro bullish sebelumnya, DAP bergerak median -0,2% selama 5 sesi (36% lebih tinggi; separuh tengah -0,9% sampai +1,3%), dan -0,8% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Rupee depreciation and higher input costs pushed Pakistan's DAP price up Rs300 per bag, showing firm import-driven pricing and demand that may have supported global DAP prices.
