US DAP exports up 90% in May but lower overall

15 July 2008 10:04  [Source: ICIS news]

LONDON (ICIS news)--US phosphates exports continue to run below the corresponding period in 2006-2007, despite exports being 90% higher in May 2008 than in the same month of 2007, the latest US government data revealed on Tuesday.


A report by the US Department of Agriculture (USDA) showed that DAP exports were running around 7% lower in the July 2007-May 2008 period at around 4.7m short tons, than the corresponding period in 2006-2007 when exports reached around 5m short tons.


The deficit continued despite DAP exports in May reaching 624,158 short tons, around 90% higher than the 328,726 short tons exported in May 2007.


Monammonium phosphate (MAP) exports for the period July 2007- May 2008 totalled 2.3m short tons, around 8% below the same period last year when exports totalled around 2.5m short tons.


MAP exports in May totalled 243,781 short tons, a fall of around 31% on May 2007 when exports reached 352,621 short tons.


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By: Carl Roache
+44 20 8652 3214

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