Weak DAP Export and Low Operating Rate

By CnAgri2013-07-22 11:10:18 Print DAP: DAP price fell down again this week and exporters had no strong desires for exporting. Operating rate of DAP manufacturers also kept at low level. Though price decline of sulfur released certain pressure of DAP manufacturers and the expanded profit space, manufacturers also worried that importers took the chance to lower down DAP export price, according to which, there existed great uncertainty of DAP export market. Comprehensively speaking, current DAP market is still bearish and price is declining. (Figure 3)



From “China Fertilizer Market Weekly Report”