Tight supply drives up the price of DAP Due to the tight supply in September, trading companies and importers competed for quotations, the export price of China's DAP rose again by US$7/ton FOB. Currently Chinese companies are not waiting for further price increases instead of sell them. Demand from

Due to the short supply and strong demand,the prices of east of Suez is still firm this week. But compared with last week, market activity has decreased.This week, China's DAP quotation reached US$320/ton FOB, but the deal price still at US$318-320/ton FOB. The main trading countries were Indian imp

Prices of diammonium phosphate and monoammonium phosphate continued to rise this week.To the east of Suez, the price of Indian diammonium phosphate rose to US$322-324/ton CFR, an increase of US$1-3/ton from last week. NFL purchased 90,000 tons of diammonium phosphate at a price of $322-324/ton CFR.

Phosphate prices in major global markets continue to be firm.To the west of Suez, the price of Brazilian MAP has risen from US$325-330/ton CFR to US$330/ton CFR. Demand in Mexico is still strong, and Uruguay Isusa bidding for 10,000 tons of DAP has ended.To the east of Suez, the price of Indian DAP

Market Summary: Prices in Brazil and the United States rise, prices in other regions are temporarily stable o the west of Suez, the ammonium phosphate market developed upward. Brazil's monoammonium phosphate price rose to 325-330 US dollars / ton CFR, last week's price was 322-325 US dollars / ton C