Global DAP prices declined further
12/14/2011 4:15:12 PM
KARACHI:Di-ammonium phosphate (DAP) prices are continuously showing bearish trend in all over the world as prices have further fallen in the range of US$10-15 per ton in last few days.
Cumulatively, the DAP prices has declined by US$45-50 per ton from its recent high of US$ 690 per ton. Currently, the new DAP contract in the Indian market are negotiating in the range of US$ 640-650 (CFR) per ton. DAP margin may reach US$200/ton in 1Q2012.
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