Understanding the Factors Influencing Diammonium Phosphate (DAP) Price Trends

Throughout H1 2023, Asian Diammonium Phosphate (DAP) prices experienced fluctuating trends driven by steady downstream demands, maintaining a narrow range initially. However, by mid-Q2, declining offtakes led to a southward shift in momentum. In Europe, reduced freight and crude oil prices lowered upstream costs, contributing to decreased DAP prices. North America reflected global trends, with […]