US phosphate exports down 3-6% from July to June

15 August 2008 15:49  [Source: ICIS news]

LONDON (ICIS news)--US phosphates exports fell 3-6% from July 2007 through to June 2008 fell compared with the previous corresponding period despite monthly exports climbing more than 44-47% in June, the latest US government data said on Friday.

A report by the US Department of Agriculture (USDA) showed that diammonium phosphate (DAP) exports were 3% lower in July 2007-June 2008 at around 5.2m short tons compared with 5.4m short tons for the same period in 2006-2007.

This shortfall came despite DAP exports in June rising 44% to 540,159 short tons compared with June 2007.

Monoammonium phosphate (MAP) exports for the period July 2007- June 2008 were running around 6% lower at 2.5m short tons compared with 2.7m short tons for the year earlier period.

MAP exports in June totalled 159,034 short tons, a climb of around 47% on the previous June.

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By: Carl Roache
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