Market News and Views

June 2007
ICIS Chemical Business;6/11/2007, Vol. 2 Issue 70, p8
Trade Publication
The article focuses on the rise in the prices of fertilizer diammonium phosphate (DAP) in June 2007 due to the increase in demand. The author states that the U.S. market expects a better consumption level due to growing biofuels business which depends on various agricultural products for feedstocks such as corn. North African phosphate rock suppliers took advantage of the rise in downstream DAP prices and raised their prices to $75-85/ton freight on board (FOB).


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