Diammonium phosphate Overview Transcript
The fertilizer, diammonium phosphate is a source of the key plant nutrient, phosphorus, which is critical for the growth of all plants
DAP as a fertilizer is commonly used in the production of corn, soy beans, wheat and all major crops.
The market for DAP is a global one, and while the largest market for DAP is in the United States, the market is highly affected by the export market, particularly in Brazil and Argentina, and the needs of India and China.
Key driver for the DAP market is trends in crop production. If crop producers are planting more acres, that means they’re going to be using more DAP.