US DAP output down 11% but MAP compensates

19 November 2007 13:35  [Source: ICIS news]

LONDON (ICIS news)--US production of diammonium phosphate (DAP) fertilizer fell in October, as producers switched to greater production of monammonium phosphate (MAP), The Fertilizer Institute (TFI) said on Monday.

US DAP production reached 675,000 short tons, down 11% on September’s level and 31% down on the same month of 2006.

However, MAP production reached 493,000 short tons in October, up 16% month on month and 45% year on year, as producers increased production to meet strong demand in both the US domestic market and Canada.

The US domestic phosphates market has been extremely bullish throughout 2007, based on strong commodity prices and a rationalisation in indigenous MAP/DAP production at the end of 2006.

TFI data also revealed closing inventories of DAP were 442,000 short tons, a fall of 16% on the previous month and 41% on October 2006.

MAP closing inventories were 320,000 short tons, up 17% month on month but down 15% year on year.

DAP producer disappearance was 762,000 short tons in October, up 2% on September’s level but down 18% on October 2006.

MAP producer disappearance was 448,000 short tons in October, down 15% on September but up 14% on the same month in 2006.

Major US phosphate fertilizer producers include Mosaic, Mississippi Phosphates and CF Industries.

By: Mike Nash
+44 20 8652 3214

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