The global Di Ammonium Phosphate (DAP) market is rapidly expanding in mid-May xxxx, driven by a surge in demand for imports from major farming nations and a decline in supply. DAP continues to be a major focus, from the major crop hubs of South America to the agricultural giants of Asia. As production cuts, export restrictions, and logistical challenges come together, market mood is rising and optimistic energy is being generated globally. Before important sowing periods, buyers are hunting and exporters are retreating which is causing a significant imbalance in the DAP market that strongly suggests the surge is far from over.
China still commands the DAP world&#xx;s attention. Qx xxxx production was only x.xx million tons, a xx decrease from the previous year. China&#xx;s DAP export presence is among the lowest in xx...
