DCP Price Slumped with Surplus Capacity

By CnAgri2014-03-18 14:07:28 Print DCP: On Mar. 12th 2014, the average price at major production and sales areas is RMB1890Yuan/MT, down 3.57% compared with last week. Though sulfur price edges up recently, its support to DCP price was limited. With weak demand and surplus capacity, DCP price slumped again. BOABC predicts DCP market shall remain weak in short terms and price shall decline in some sales areas. (Table 15)　



From “China Livestock and Feed Market Weekly Report”