DCP Price Has Risk of Declining

By CnAgri2014-04-02 09:27:13 Print DCP: On Mar. 19th 2014, the average price at major production and sales areas is RMB1830Yuan/MT, down 3.17% compared with last week. With decline of DCP price from factory, terminal market still remained calm. DCP producing enterprises had certain pressure in inventory. BOABC predicts domestic DCP market shall have risk of further declining but with consideration of cost, the price decline space is limited. (Table 12)



From “China Livestock and Feed Market Weekly Report”