Title: Diammonium Phosphate Prices, News, Demand & Supply | ChemAnalyst
1Diammonium Phosphate (DAP) Prices Overview
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Market Overview Quarterly Update on Global
Diammonium Phosphate (DAP) Market For the
Quarter Ending March 2021 North America DAP
remained resilient from Q4 2020 across the region
and globally during Q1 2021, hence the price
acceleration continued, further affected by
winter storm hit US gulf. This price acceleration
was due to the shortage of upstream materials,
like Nitrogen. Get more info
https//www.chemanalyst.com/Pricing-data/diammoniu
m-phosphate-dap-1179
2Diammonium Phosphate (DAP) Prices Overview
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Several Nitrogen producers shut their plant
operations under extreme cold which eventually
led to the shortage of feedstock Ammonia. Under
these conditions prices of DAP skyrocketed across
the region and reached USD 576.7/MT till March.
This price hike was also supported by high local
demand which eventually led to increased
dependency for imports from Europe. Asia The
Asian region saw moderate to low domestic demand
for DAP, but high export demand from the US and
Europe. Domestic demand for DAP in China remained
moderate, but export demand was higher than
anticipated, owing to a shortage of local
material caused by lower availability of upstream
natural gas, which effectively forced prices to
rise in the region. Meanwhile in the Indian DAP
market, domestic demand from the agriculture
sector was low, hence the producers increased
their exports to satisfy high demand coming from
the US and Europe. Despite of stable demand from
the Indian markets, retail prices of DAP showed a
sudden increment of more than 50 during the
quarter, buoyed by the global upsurge in
rates. Europe Europe witnessed high demand
for DAP from the agriculture sector due to the
arrival of spring season. As the demand from
domestic and international market was high,
manufacturers were looking forward to increasing
the prices of DAP in the coming months.
Shortage of DAP in the US also forced European
manufacturers to enhance their export volumes to
enhance their margins and high premium on prices.
3Diammonium Phosphate (DAP) Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Diammonium Phosphate (DAP) manufacturers,
spread across the domestic and international
market, suppliers and dealers/distributors to
gain insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market. Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Diammonium Phosphate (DAP)
market. The team analyzes various industrial
segments, strategic viewpoints and provides an
analysis of the industrys performance in the
long run. This would enable our clients in
efficiently plan their future investments,
mitigate risk, understand the cost dynamics and
strike out a balance amidst market
volatility. Critical examination of the impact
of COVID-19 pandemic on the global supply
chains and shift in demand patterns with change
in buying behavior of consumers across the
globe. Several ongoing development
projects across industries are tracked, followed
by the details of major projects in the
development stage, which can positively or
negatively influence Global Diammonium Phosphate
(DAP) market. Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on weekly, monthly
and yearly basis. Finally, region-specific
markets for Diammonium Phosphate (DAP) are
analyzed and region-wise demand pattern is
tracked.
4Diammonium Phosphate (DAP) Prices Overview
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- About
- Diammonium Phosphate (DAP) is a water-soluble
phosphate compound having IUPAC name Diammonium
hydrogen phosphate and chemical formula (NH2)
HPO4. It is produced by the reaction of Ammonia
with Phosphoric Acid at around 100C. After this
reaction, liquid product or slurry is cooled,
converted into granules, and then sieved to get
the required product. DAP is one of the largely
used phosphate fertilisers globally. It is always
advised to not to use DAP with alkali chemicals,
because of the tendency of ammonium ion to
convert into Ammonia at a higher pH. DAP is
widely used as a fire retardant to combat with
forest fire, it is a viable part of commercial
firefighting products. In addition, there are
many other uses of DAP like it is used as a yeast
nutrient in alcoholic beverages, in some
cigarettes to enhance nicotine, as a soldering
flux etc. - Product Specific Details
-
- CAS No. 7783-28-0 HS Code 31053000 Grades
Fertilizer Grade, Technical Grade Packaging
Size 25 kg bags Incoterms CFR, FOB, Ex-Works,
Bulk Contracted, Spot -
- Countries Covered
-
- APAC China, Japan, India, South Korea,
Singapore - Europe Germany, France, Belgium
- America USA, Brazil
- MEA Saudi Arabia, UAE, South Africa
5Diammonium Phosphate (DAP) Prices Overview
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6Diammonium Phosphate (DAP) Prices Overview
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