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endrusmithreal · 6 months

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The Impact of Global Markets on 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 oversupply and weak demands causing bearish market sentiments.

Definition

Diammonium Phosphate (DAP) is a widely used fertilizer containing both nitrogen and phosphorus. It's a granular substance formed by reacting ammonia with phosphoric acid. DAP provides essential nutrients for plant growth, promoting healthy root development, flower formation, and fruit production. It's applied to various crops to enhance soil fertility and increase agricultural yields.

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Key Details About the DAP (Diammonium Phosphate) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the DAP (Diammonium Phosphate) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The DAP (Diammonium Phosphate) Price chart, including India DAP (Diammonium Phosphate) price, USA DAP (Diammonium Phosphate) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the DAP (Diammonium Phosphate) Price Trend:

Key Players:

Sichuan Blue Sword Chemical (Group)Co., Ltd.

Jordan Phosphate Mines Co.PLC

Coromandel International Limited

Ava Chemicals

Ballance Agri-Nutrients Ltd.

China Blue Chemicals Ltd.

Saudi Arabian Mining Company ("MA'ADEN")

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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