ChemAnalyst Data Pvt Ltd

  Di Ammonium Phosphate (DAP) Prices : During the Quarter Ending December 2023 North America: The fourth quarter of 2023 marked an overall bullish trend in the Di Ammonium Phosphate (DAP) market in North America. Scarcity of key feedstock materials such as natural gas and phosphoric acid drove upward pressure on DAP prices. Transportation constraints in the US, including low water levels in the Mississippi River and limited railcar and truck availability, further impacted the market. Buyers' reluctance to make bulk purchases led to a decline in import prices. However, November saw a moderate surge as cost pressures on essential feedstocks like Ammonia and Phosphoric Acid were limited. The bullish trend in the USA market was primarily attributed to elevated prices of essential feedstocks and a shortage of supplies within the region. Anticipated increases in ammonia and phosphoric acid prices may further elevate DAP prices. The quarter-ending price of DAP DEL Illinois in the USA...