Diammonium Phosphate Price Outlook | Q4 2023
Check global Diammonium Phosphate prices, from Q3 2023 to Q4 2023.
When it comes to Diammonium Phosphate pricing data, the chart above presents prices in Q4 2023, in different locations worldwide.
The table below shows quarterly Diammonium Phosphate prices, in USD per metric ton.
And this table presents how Diammonium Phosphate prices varied, on a year-over-year basis and on a quarter-over-quarter basis.
Diammonium Phosphate, US (United States). The price of Diammonium Phosphate (United States) increased during Q4 2023 to 603 USD per metric ton, which represents a considerable rise of 9.5% compared to the previous quarter’s value. On a year-over-year basis, prices of Diammonium Phosphate (United States) decreased by 10%.
Diammonium Phosphate (granular), CN (China). In Q4 2023, The price of Diammonium Phosphate (China) witnessed a rise of 28 USD per metric ton when compared against the previous quarter’s price, to 552 USD per metric ton. The Q4 2023 price is 1.9% higher than the price one year before.
Diammonium Phosphate, SEA (Southeast Asia). Prices of Diammonium Phosphate (Southeast Asia) rose considerably throughout Q4 2023, reaching 595 USD per metric ton. The current price is 14% higher than the average price in the last quarter and 18% lower than the average price one year ago.
Diammonium Phosphate, AFR (Africa). Prices of Diammonium Phosphate (Africa) increased significantly during Q4 2023, reaching 565 USD per metric ton, which means a rise of 12% from the previous quarter’s price and a decline of 20% from the previous year’s price.
Diammonium Phosphate, MDE (Middle East). In the quarter examined, the price of Diammonium Phosphate (Middle East) experienced a significant rise of 64 USD per metric ton from the previous quarter’s price, to 576 USD per metric ton. Such price movement meant a rise of 13% on a quarterly basis and a decrease of 19% on a yearly basis.
Diammonium Phosphate, EUR (Europe). The average price of Diammonium Phosphate (Europe) was 694 USD per metric ton in Q4 2023 — a little increase of 25 USD per metric ton, or 3.7%, compared with the previous quarter. On a year-over-year basis, the current Diammonium Phosphateprice in Diammonium Phosphate, EURis 35% lower than the price one year before.
Diammonium Phosphate, NEA (Northeast Asia). The average price of Diammonium Phosphate (Northeast Asia) amounted to 568 USD per metric ton in Q4 2023, from 765 USD per metric ton one year earlier. On a quarter-over-quarter basis, the current Diammonium Phosphateprice in Diammonium Phosphate, NEAis 21% higher than the price one quarter before.
For further information, including:
- Latest prices, on a quarterly basis
- Historical pricing data since 2007
- Prices of other commodities from Fertilizers & Gases industry
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A Little Bit About Diammonium Phosphate
Diammonium Phosphate (a.k.a. DAP, Diammonium Hydrogen Phosphate) is an important ammonium phosphate salt, widely used as a fertilizer all over the world. Among phosphate-based fertilizers, DAP stands out by having excellent physical properties and high nutrient content.
Diammonium Phosphate should be stored in cool, dry and ventilated area. It must be protected from moisture. DAP is transported in bulk, in 50 kg bags and in 1,000 kg — 1,200 kg big bags.
By far the most important application of DAP is as fertilizer. In addition to being an excellent source of phosphorous (P) and nitrogen (N) for plant nutrition, it combines outstanding properties that make it in fact one of the most important fertilizers, such as high solubility and slight alkaline pH around the dissolving granules. To a lesser extent, DAP is also used as fire retardant, in metal finishing, yeast/microbial fermentation nutrient, sugar purification and precipitation control for alkali-soluble and acid-insoluble compounds. This commodity can be used in the manufacture of derivatives, such as: ammonium polyphosphate.
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