24 April 2008 16:53 [Source: ICIS news]
LONDON (ICIS news)--US producers have seen diammonium phosphate (DAP) prices increase by a further $25/tonne (€16/tonne) this week on tight supply and emerging Latin American demand, producers and traders confirmed on Thursday.
A further 7,000 tonnes of US DAP was sold by a trader at $1,220/tonne FOB, plus 15,000 tonnes at $1,225/tonne FOB for May shipment to Latin America.
Prices were assessed at $1,200/tonne FOB
The global DAP market remains tight due to limited supply with an effective export ban on Chinese product, plus strong demand in
($1 = €0.63)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|