For the Quarter Ending March 2026
Di Ammonium Phosphate Prices in North America
- In the USA, the Di Ammonium Phosphate Price Index fell by 13.56% quarter-over-quarter, reflecting ample supply.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 650.33/MT, per Illinois assessments.
- Di Ammonium Phosphate Spot Price eased on imported supply and run rates, pressuring Price Index.
- Di Ammonium Phosphate Price Forecast implies constrained term upside amid ample inventories and cautious buying.
- Di Ammonium Phosphate Production Cost Trend moderated as ammonia eased; freight and energy supported costs.
- Di Ammonium Phosphate Demand Outlook subdued as growers delay purchases and precision practices lower usage.
- Export commitments redirected Gulf cargoes abroad, reducing Midwest rail loads and tightening DAP delivered availability.
- Distributor inventories remained sufficient, yet inland freight and barge drafts increased delivered costs into Illinois.
Why did the price of Di Ammonium Phosphate change in March 2026 in North America?
- Gulf export commitments reduced rail arrivals, tightening inland inventories and supporting DAP price firmness now.
- Elevated freight and higher crude-related shipping costs increased landed costs, partially offsetting ammonia cost declines.
- Growers delayed pre-plant commitments amid soft grain margins, weakening spot demand despite seasonal restocking signals.
Di Ammonium Phosphate Prices in APAC
- In Japan, Di Ammonium Phosphate Price Index fell by 1.66% quarter-over-quarter, reflecting subdued import demand.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 729.00/MT import delivered.
- Di Ammonium Phosphate Spot Price tightened on prompt offers while importers absorbed limited prompt tonnage.
- Di Ammonium Phosphate Production Cost Trend rose as anhydrous ammonia and phosphoric acid inputs firmed.
- Di Ammonium Phosphate Demand Outlook strengthened with cooperative restocking and spring application plans increasing purchases.
- Di Ammonium Phosphate Price Forecast suggests firmness as freight premiums and energy costs sustain pressure.
- Di Ammonium Phosphate Price Index gains reflected limited inventories and constrained prompt shipments from exporters.
- Freight and insurance inflation pushed the product higher, prompting importers to secure prompt cargoes ahead.
Why did the price of Di Ammonium Phosphate change in March 2026 in APAC?
- Firmer anhydrous ammonia and phosphoric acid costs increased upstream production expense, lifting import loading prices.
- Pre-planting restocking by cooperatives strengthened demand, prompting buyers to secure prompt cargoes ahead of spring.
- Middle East conflict increased insurance and freight, raising landed costs and tightening prompt shipment availability.
Di Ammonium Phosphate Prices in Europe
- In Germany, the Di Ammonium Phosphate Price Index rose by 1.83% quarter-over-quarter, reflecting mixed supply inflows and seasonal buying.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 814.33/MT, reported across Hamburg and seaborne imports.
- Di Ammonium Phosphate Spot Price firmed as limited seaborne arrivals and export diversions tightened prompt availability at Hamburg.
- Di Ammonium Phosphate Price Forecast indicates modest upside risk into spring given seasonal demand and constrained import schedules.
- Di Ammonium Phosphate Production Cost Trend tightened as volatile natural gas and ammonia markets pushed replacement costs higher.
- Di Ammonium Phosphate Demand Outlook remains seasonally supportive but constrained by phosphate application caps and conservative cooperative purchasing.
- Di Ammonium Phosphate Price Index volatility reflected comfortable distributor stocks, redirected export cargoes, and selective seller discipline.
- Port operations and inland logistics remained smooth, preventing barge surcharges and supporting orderly deliveries to inland distribution points.
Why did the price of Di Ammonium Phosphate change in March 2026 in Europe?
- Seaborne inflows from Morocco, Russia and Lithuania replenished ports, easing immediate shortages and moderating upward price pressure.
- Natural gas constraints and higher ammonia replacement costs exerted production cost pressure, supporting firmer delivered DAP replacement values.
- Seasonal pre-sowing enquiries lifted spot bids while application caps and cautious cooperatives limited aggressive restocking activity.
Di Ammonium Phosphate Prices in MEA
- In Saudi Arabia, the Diammonium Phosphate Price Index fell by 1.01% quarter-over-quarter, reflecting balanced supply.
- The average Diammonium Phosphate price for the quarter was approximately USD 689.00/MT, based on FOB.
- Diammonium Phosphate Spot Price held near offers as export enquiries sustained prompt demand at Jeddah.
- Diammonium Phosphate Production Cost Trend rose modestly as ammonia costs increased, pressuring variable margins slightly.
- Diammonium Phosphate Demand Outlook strengthened for South Asia ahead of seasonal tenders, boosting seller confidence.
- Diammonium Phosphate Price Forecast indicates near-term firmness driven by export interest and elevated logistics costs.
- Diammonium Phosphate Price Index movements shaped by freight and insurance surcharges linked to regional conflict.
- Domestic inventories remained comfortable, yet stronger export demand tightened prompt availability and supported offers firmly.
Why did the price of Diammonium Phosphate change in March 2026 in MEA?
- Higher ammonia costs raised production expenses, contributing to firmer producer offers and FOB pricing levels
- Full plant runs and improved South Asian inquiries tightened prompt supply despite generally comfortable inventories
- War-related route diversions and insurance surcharges elevated logistics costs, reducing buyer bargaining power and flexibility
Di Ammonium Phosphate Prices in South America
- In Brazil, the Di Ammonium Phosphate Price Index fell by 11.17% quarter-over-quarter, reflecting abundant imports.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 710.33/MT, per reports.
- Di Ammonium Phosphate Spot Price firmed as sellers resisted discounts while import flows remained uninterrupted.
- Di Ammonium Phosphate Price Forecast shows upside risk driven by seasonal restocking and freight concerns.
- Di Ammonium Phosphate Production Cost Trend remained stable as ammonia CFR inputs showed limited volatility.
- Di Ammonium Phosphate Demand Outlook improved as distributors replenished ahead of safrinha planting, increasing activity.
- Di Ammonium Phosphate Price Index regained ground as sellers withheld discounts and spot bids strengthened.
- Inventories remained adequate and logistics functioned smoothly, but energy related freight risks supported seller pricing.
Why did the price of Di Ammonium Phosphate change in March 2026 in South-America?
- Higher FOB offers from Morocco and Saudi reduced available spot tonnage, raising landed import costs.
- Brazilian real depreciation increased dollar-denominated import costs, constraining buyer flexibility and underpinning seller price confidence.
- Seasonal safrinha restocking lifted distributor demand, tightening prompt availability and supporting recent upward price momentum.
For the Quarter Ending December 2025
North America
- In USA, Di Ammonium Phosphate Price Index fell by 1.66% quarter-over-quarter, reflecting muted seasonal demand.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 752.33/MT delivered broadly.
- Di Ammonium Phosphate Spot Price eased on ample imports while inland freight inventories remained sufficient.
- Di Ammonium Phosphate Price Forecast suggests spring recovery supported by pre-planting purchases and logistics normalization.
- Di Ammonium Phosphate Production Cost Trend remained flat with stable ammonia and natural gas pricing.
- Di Ammonium Phosphate Demand Outlook is subdued amid constrained farm budgets and soft application rates.
- Di Ammonium Phosphate Price Index remained range-bound as import reopenings increased supply and tempered confidence.
- Terminal inventories in Illinois remained adequate while export demand and freight guided delivered DAP pricing.
Why did the price of Di Ammonium Phosphate change in December 2025 in North America?
- Ample imports reopened supply channels, increasing availability and applying downward pressure on delivered Midwest values.
- Stable ammonia and Henry Hub gas costs prevented cost increases during December, limiting upward pressure.
- Normalized river drafts eased inland freight constraints, improving deliveries and reducing urgency for spot buying.
APAC
- In Japan, the Di Ammonium Phosphate Price Index fell by 6.55% quarter-over-quarter, reflecting reduced domestic agricultural demand.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 741.33/MT, reflecting CFR Tokyo calculations.
- Di Ammonium Phosphate Spot Price stayed muted as balanced imports and conservative buying limited spot transactions.
- Di Ammonium Phosphate Price Forecast indicates modest stability with slight upside risk into spring planting.
- Di Ammonium Phosphate Production Cost Trend shows exporter margin compression as freight and feedstock partially offset increases.
- Di Ammonium Phosphate Demand Outlook remains weak owing to precision agriculture adoption and MAFF usage constraints.
- Di Ammonium Phosphate Price Index showed limited resilience because port inventories and steady exports constrained gains.
- Export demand and logistical stability, including low port congestion, limited price volatility and encouraged restrained contractual buying.
Why did the price of Di Ammonium Phosphate change in December 2025 in APAC?
- Reduced domestic fertilizer application and precision-ag efficiency lowered demand, pressuring CFR Tokyo price levels further.
- Stable import flows and sufficient port inventories mitigated spikes despite freight and inspection-driven landed cost pressure.
- Policy measures and substitution toward MAP and complex blends constrained DAP procurement, reinforcing bearish market dynamics.
Europe
- In Germany, the Di Ammonium Phosphate Price Index fell by 8% quarter-over-quarter, reflecting weaker demand and ample imports.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 799.67/MT, per reported Q4 data.
- Di Ammonium Phosphate Spot Price weakened amid competitive Moroccan and Baltic imports pressuring regional landed economics.
- Di Ammonium Phosphate Price Forecast shows modest recovery potential from spring stocking and any global supply tightening.
- Di Ammonium Phosphate Production Cost Trend subdued as ammonia and phosphoric acid input costs flattened.
- Di Ammonium Phosphate Demand Outlook is cautious with distributors hand-to-mouth and regulatory application limits in place.
- Di Ammonium Phosphate Price Index volatility moderated by efficient Hamburg port operations and normal Rhine barge flows.
- Domestic inventories remained near seasonal averages, limiting urgent buying and keeping FD quotations range-bound in Germany.
Why did the price of Di Ammonium Phosphate change in December 2025 in Europe?
- Ample imports from Russia, Morocco and Baltic origins increased supply, reducing upward pressure on prices.
- Flattening ammonia and phosphoric acid costs removed feedstock-driven pressure, supporting stable delivered quotations during December.
- Efficient Hamburg port operations, short vessel waits and Rhine barge normality limited logistics disruption thereby.
MEA
- In Saudi Arabia, the Diammonium Phosphate Price Index fell by 7.4% quarter-over-quarter, reflecting reduced export enquiry.
- The average Diammonium Phosphate price for the quarter was approximately USD 696.00/MT, based on FOB Jeddah spot levels.
- Diammonium Phosphate Spot Price volatility eased as sellers held offers amid inventories and steady run-rates.
- Near-term Diammonium Phosphate Price Forecast shows limited upside while the Price Index remains under bearish pressure.
- Diammonium Phosphate Production Cost Trend benefited from subsidised gas, supporting competitiveness despite higher sulphur costs.
- Diammonium Phosphate Demand Outlook is subdued as India and Latin buyers delay purchases, keeping offers constrained.
- High domestic run-rates and ample stocks limited urgency, compressing export parity and moderating Price Index.
- Export logistics improvements narrowed insurance surcharges, marginally stabilising Diammonium Phosphate Spot Price offers to buyers.
Why did the price of Diammonium Phosphate change in December 2025 in MEA?
- Muted export demand from India and Latin buyers reduced buying interest, deepening discounts, pressuring prices.
- Freight and sulphur cost increases squeezed margins, but subsidised natural gas limited production cost escalation.
- High plant run-rates and ample inventories removed urgency to restock, prolonging sideways to downward momentum.
South America
- In Brazil, the Di Ammonium Phosphate Price Index fell by 1.44% quarter-over-quarter, reflecting abundant imports.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 799.67/MT, reported stable.
- Di Ammonium Phosphate Spot Price softened amid abundant imports, thereby weighing on the Price Index.
- Di Ammonium Phosphate Price Forecast anticipates recovery if pre-planting purchases accelerate and imports moderate supply.
- Di Ammonium Phosphate Production Cost Trend materially eased as ammonia and sulphur benchmarks softened recently.
- Di Ammonium Phosphate Demand Outlook remains subdued as farmers delay purchases pending planting season timing.
- Di Ammonium Phosphate Price Index reflected comfortable inventories and eased inland logistics, limiting upside pressure.
- Moroccan and Saudi export flows kept offers competitive, while Amazon droughts sporadically constrained northern logistics.
Why did the price of Di Ammonium Phosphate change in December 2025 in South America?
- Abundant imported volumes in December increased local availability, exerting downward pressure on DAP Price Index.
- Softer international ammonia and sulphur benchmarks eased production costs, reducing upward cost pressure on DAP.
- Improved port discharge rates and manageable inland inventories mitigated logistical premiums, stabilising near-term trading dynamics.
For the Quarter Ending September 2025
North America
- In USA, the Di Ammonium Phosphate Price Index rose by 18.6% quarter-over-quarter, driven by tariffs.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 765.00/MT, stable market.
- Di Ammonium Phosphate Spot Price remained contained; handling costs and tariffs kept Price Index supported.
- Di Ammonium Phosphate Production Cost Trend rose with higher sulphur and phosphoric acid input costs.
- Di Ammonium Phosphate Demand Outlook is modest seasonally, with fall restocking likely supporting inland purchases.
- Di Ammonium Phosphate Price Forecast suggests slight near-term softening before stabilization as buyers pace restocking.
- Average inventory levels buffer supply shocks, though lower imports and export demand keep Price Index.
- Major producers operate near full rates; domestic output stable while import restrictions shape regional supply.
Why did the price of Di Ammonium Phosphate change in September 2025 in North America?
- Reduced imports and tariffs tightened supply, increasing delivered values and elevating domestic Price Index.
- Higher sulphur and phosphoric acid costs elevated production expenses, pressuring the Production Cost Trend.
- Mississippi River barge draft limits and inland freight tightness constrained flows, maintaining price resilience.
APAC
- In Japan, the Di Ammonium Phosphate Price Index rose by 13.50% quarter-over-quarter, reflecting tightening exports and stronger seasonal procurement.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 793.33/MT, based on CFR Tokyo assessments.
- Di Ammonium Phosphate Spot Price strength was underpinned by limited Chinese shipments and firm Moroccan export offers.
- Di Ammonium Phosphate Price Forecast indicates modest near-term firmness driven by autumn procurement and stable freight levels.
- Di Ammonium Phosphate Production Cost Trend remained supportive as sulphur and phosphoric acid costs stayed firm regionally.
- Di Ammonium Phosphate Demand Outlook is steady with seasonal agricultural restocking offsetting otherwise muted domestic offtake.
- Inventory and export demand pressured the Price Index as cooperative buying and speculative withholding tightened prompt supply.
- Port operations were functional, but typhoon season and occasional Chinese port delays influenced availability and Price Index volatility.
Why did the price of Di Ammonium Phosphate change in September 2025 in APAC?
- Limited Chinese exports and Moroccan tight allocations reduced available spot volumes, tightening supply into Japan.
- Steady upstream costs for sulphur and phosphoric acid maintained producer offers, supporting elevated CFR values.
- Logistics disruptions and typhoon risks increased vessel delays and freight variability, constraining prompt deliveries and offers.
Europe
- In Germany, the Di Ammonium Phosphate Price Index rose by 13.99% quarter-over-quarter due to tariffs.
- The average Di Ammonium Phosphate price for the quarter was approximately USD 869.00/MT, Hamburg FD.
- Di Ammonium Phosphate Spot Price firmed; constrained imports and higher freight elevated landed cost pressures.
- Di Ammonium Phosphate Price Forecast points to modest upside as logistics and feedstock pressures persist.
- Di Ammonium Phosphate Production Cost Trend remains elevated due to phosphoric acid and sulphur prices.
- Di Ammonium Phosphate Demand Outlook steady with seasonal farm restocking, though affordability limits pre-season purchases.
- Di Ammonium Phosphate Price Index volatility reflects tariff effects, port congestion and shifting import allocations.
- Inventories at Hamburg remained lean, prompting forward buying and sustaining premiums amid constrained export flexibility.
Why did the price of Di Ammonium Phosphate change in September 2025 in Europe?
- Russian export tariff and repricing reduced available low-cost supply, tightening European DAP availability in September.
- Hamburg port congestion and rail disruptions raised handling and inland delivery costs, limiting product flow.
- Rising freight and higher input netbacks offset stable ammonia, sustaining upward pressure on FD prices.
MEA
- In Saudi Arabia, the Diammonium Phosphate Price Index rose by 14.93% quarter-over-quarter, from export demand.
- The average Diammonium Phosphate price for the quarter was approximately USD 751.67/MT, FOB Jeddah basis.
- Diammonium Phosphate Price Index firmed as Ma'aden term sales absorbed spot volumes, tightening prompt market.
- Diammonium Phosphate Spot Price strengthened on reduced prompt offers, supporting higher FOB nets to exporters.
- Diammonium Phosphate Price Forecast anticipates near-term stability, with upside risk from Indian and African tenders.
- Diammonium Phosphate Production Cost Trend showed pressure as ammonia and sulfur input costs remained stable.
- Diammonium Phosphate Demand Outlook remains constructive, driven by Indian seasonal buying and East African restocking.
- Diammonium Phosphate Price Index volatility eased as terminal inventories balanced against export nominations and freight.
Why did the price of Diammonium Phosphate change in September 2025 in MEA?
- Elevated export commitments and Ma'aden term sales tightened spot availability, reducing short-term market liquidity conditions.
- Stable ammonia and sulfur costs limited input pressure, while Red Sea freight insurance influenced competitiveness.
- High destination stocks in India and Africa softened enquiries, tempering price momentum in spot markets.
South America
- In Brazil, the Diammonium Phosphate Price Index rose by 21.15% quarter-over-quarter, seasonal restocking uplift strongly.
- The average Diammonium Phosphate price for the quarter was approx. USD 811.33/MT, firm CFR levels.
- Diammonium Phosphate Spot Price tightened as exporters prioritized contract volumes, reducing spot cargoes for domestic.
- Diammonium Phosphate Price Forecast suggests near term firmness, constrained by inland logistics and export commitments.
- Diammonium Phosphate Production Cost Trend showed restrained inflation as feedstock supplies remained generally adequate.
- Diammonium Phosphate Demand Outlook stays supportive pre-planting, though affordability and credit issues temper buying.
- Diammonium Phosphate Price Index eased as imports balanced committed exports, though river drought effects persisted.
- DAP inventories at coastal hubs were moderate, allowing measured offtake and reducing immediate procurement urgency.
Why did the price of Diammonium Phosphate change in September 2025 in South America?
- Severe Amazon River drought reduced vessel drafts, raising inland freight and complicating Manaus deliveries urgently.
- Strong pre-season restocking by cooperatives tightened immediate availability, supporting CFR levels despite balanced ocean freight.
- Moderate domestic affordability and cautious credit access restrained farmer purchasing, limiting aggressive spot buying momentum.
For the Quarter Ending June 2025
North America
- The Di-Ammonium Phosphate Price Index in the U.S. displayed stability in Q2 2025, with minimal quarter-over-quarter fluctuation under DEL Illinois terms. Prices hovered near USD 595/MT by late June, influenced by balanced domestic availability.
Why did the price of Di-Ammonium Phosphate change in July 2025?
- Prices declined slightly in July due to softened seasonal demand from the agricultural sector post-spring application window. Limited import activity and stable supply kept prices from dropping sharply.
- Logistics conditions remained unchallenged with low freight volatility and no reported domestic transport bottlenecks.
- The Di-Ammonium Phosphate Demand Outlook for Q3 points toward moderate recovery, driven by restocking by agri-retailers and autumn fertilizer demand in the Midwest.
- Di-Ammonium Phosphate Production Cost Trend remained stable in Q2 due to low volatility in ammonia and phosphoric acid inputs, keeping profit margins healthy.
- The Di-Ammonium Phosphate Spot Price is expected to range within USD 590–600/MT in Q3, with prices likely to stay rangebound unless demand sharply rebounds.
Europe
- The Di-Ammonium Phosphate Price Index under FD Hamburg showed significant strength through Q2 2025. Prices rose from EUR 729/MT in April to EUR 801/MT by June, marking a sharp 9.9% quarter-over-quarter increase.
Why did the price of Di-Ammonium Phosphate change in July 2025?
- Prices continued upward into July, hitting EUR 845/MT amid robust domestic and intra-EU demand, supported by firm industrial and agricultural pull.
- Demand was strong across both agricultural and industrial applications, particularly in Eastern Europe where spring cultivation extended into early summer.
- The Di-Ammonium Phosphate Production Cost Trend reflected modest increases due to currency depreciation (EUR/USD) and rising upstream sulfur and energy inputs.
- The Di-Ammonium Phosphate Demand Outlook for Q3 remains positive, though high inventory levels in July may moderate buying through August.
- Price forecast leans firm to steady, with expected values in the EUR 830–850/MT range unless regional imports ramp up or demand normalizes.
APAC
- The Di-Ammonium Phosphate Price Index in Q2 2025 under CFR Ho Chi Minh City showed a marginal uptick of 1–2% over Q1, closing near USD 555/MT by late June.
Why did the price of Di-Ammonium Phosphate change in July 2025?
- Prices slipped marginally in July, attributed to reduced procurement from downstream fertilizer blenders and increased cargo arrivals from China and Morocco.
- Southeast Asia faced oversupply concerns as India deferred some contracts and China continued offloading excess cargo at competitive rates.
- The Di-Ammonium Phosphate Spot Price faced downward pressure as more suppliers competed for limited purchasing interest.
- Vietnam’s demand weakened temporarily due to prolonged monsoons affecting field application.
- Production cost trends remained steady, but margins narrowed slightly due to falling CFR prices and elevated shipping costs from the Middle East.
- The Di-Ammonium Phosphate Demand Outlook for Q3 remains mixed; domestic demand may rise post-monsoon, but pricing pressure is expected to persist.
- Price forecast points to a narrow range of USD 550–560/MT in Q3 unless China pulls back export volumes.
Middle East & Africa (Morocco – FOB Casablanca)
- The Di-Ammonium Phosphate Price Index in Morocco (under FOB Casablanca) showed firm behavior in Q2 2025, ending near USD 510/MT—up 2% from Q1.
Why did the price of Di-Ammonium Phosphate change in July 2025?
- July witnessed a price correction of ~1.5% amid softer buying from African nations like Ethiopia and Nigeria following above-average Q2 restocking.
- Morocco maintained healthy production, but shifting export flows and slower vessel movement at Casablanca added minor supply delays.
- Logistics were somewhat constrained due to limited vessel availability during late June and early July.
- The Di-Ammonium Phosphate Spot Price held firm due to stable FOB margins and upstream phosphoric acid cost stability.
- Di-Ammonium Phosphate Production Cost Trends remained moderate with no significant changes in input cost structure.
- The Di-Ammonium Phosphate Demand Outlook for Q3 leans neutral, as demand from West Africa may slow post peak-season procurement.
- Q3 price forecast remains stable in the range of USD 505–515/MT unless new tenders arise from East Africa or India.
