As of March 2025, the US DAP (Gulf) Spot Price stands at $615 per ton, reflecting a modest 1.9% increase from February 2025, when it was priced at $604 per ton. This slight uptick signals a mild shift in the market, but overall, the price remains relatively stable.
Interestingly, the price of DAP is nearly unchanged compared to March 2024, which was priced at $618 per ton, suggesting that the market has experienced minimal volatility over the past year. This price stability highlights a balanced supply-demand scenario in the DAP market, with no significant disruptions in production or unexpected surges in demand.
The stability of the US DAP spot price can be attributed to a combination of factors. These include steady production levels, predictable demand from key agricultural sectors, and consistent import/export patterns. Additionally, global fertilizer trends, including the availability of raw materials and transportation costs, have remained relatively stable.
In summary, the US DAP (Gulf) Spot Price has shown modest changes in March 2025, signaling market stability and reflecting a balanced fertilizer market environment over the past year.
US DAP (Gulf) Spot Price
