
Global average diammonium phosphate (DAP) prices rose about 53% from January to September 2021, reaching $644 per ton according to World Bank data. High freight rates and energy costs drove the increase.
Several Chinese producers announced plans to curb exports, which could push prices higher.
China supplies roughly 34% of global DAP exports, so reduced Chinese shipments tighten supply for importers such as India and Pakistan and support further price gains for phosphate fertilizer, raising feed-grain production costs.
Setelah 193 peristiwa perdagangan bullish sebelumnya, DAP bergerak median +0,4% selama 5 sesi (54% lebih tinggi; separuh tengah -0,3% sampai +1,8%), dan +1,9% selama 20 sesi.
Belum cukup peristiwa historis yang sebanding untuk analisis historis.
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.
Reports of Chinese export curbs and high freight and energy costs point to tighter global DAP supply, which supports further price gains.