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Phosphate Fertilizer Daily Review: No Changes in Market Situation, Prices Remain Steady

June 12, 2024, 9:21 AM
feidoodoo
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The daily review indicates a stable market condition for both Monoammonium Phosphate (MAP) and Diammonium Phosphate (DAP) with prices predominantly remaining steady. While the MAP market is expected to retain its stability in the short term due to pre-dispatch support, the DAP market shows no significant changes with future prices predicted to have minor adjustments. Demand dynamics highlight a watchful downstream attitude, with raw material costs slightly declining.