US August DAP output up from July to meet export demand - TFI

17 September 2009 16:37  [Source: ICIS news]

LONDON (ICIS news)--US production of diammonium phosphate (DAP) fertilizer in August increased by 14% from July as producers continued to execute substantial export orders, particularly to India, according to data released by The Fertilizer Institute (TFI) on Thursday.

US DAP production reached 771,000 short tons in August. Despite the increase in output, inventories rose marginally by 4% to 436,000 short tons, which were still down 42% from August 2008 levels.

Producer disappearance (exports plus apparent consumption in the domestic market) was 754,000 short tons, down 6% from July but up 1% from August 2008.

US DAP exports were 477,781 short tons in August, down 5% from the same month of 2008, according to TFI data. India accounted for 322,353 short tons (67%).

Monoammonium phosphate (MAP) production in August was 430,000 short tons, up 15% from July but down 10% from August 2008 levels.

MAP inventories in August still fell by 18% from both July and August 2008. Producer disappearance rose 27% from July and 7% from August 2008.

Exports of MAP in August reached 246,493 short tons, up 42% from August 2008.

The jump in MAP shipments was due to a significant increase in exports to Brazil, which took 104,113 short tons (42%).

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By: Mike Nash
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