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International DAP prices came under pressure in mid-November 2025, with China's FOB Qingdao price falling for another week. Weak export demand, slow tendering and uncertainty over subsidies weighed on the market, while India's aggressive tender buying pulled regional benchmarks lower.
Analysts expect continued pressure into year-end.
Weak Chinese export availability and cautious buying from importers point to lower phosphate fertilizer costs for feed and crop producers through year-end.
在过去 40 次看跌的贸易事件之后,DAP 在 5 个交易日内中位数变动 -0.1%(38% 上涨;中间一半区间为 -3.7% 至 +0.5%),20 个交易日内为 -2.4%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。