Fertilizer price today January 9, 2023: Domestic DAP fertilizer prices are showing a slight downward trend

fertilizer prices today, January 9, 2023: Domestic DAP fertilizer prices are showing a slight downward trend, due to a decrease in DAP import prices. Yellow phosphorus is an important input material for DAP fertilizer. However, yellow phosphorus production is less related to gas, but instead requires a large amount of thermal power. China is the world’s leading producer of yellow phosphorus. With China opening up and moving through the period of living with the epidemic, the pressure on DAP fertilizer supply has also been reduced. According to Viettraders’ reports, the world DAP fertilizer price has remained stable in the past time after being adjusted down by 25% from June to present. Another positive point is that the amount of DAP imported to Vietnam has tended to increase gradually since the end of August. The amount of DAP imported is mainly from China. According to Viettrader, China’s DAP export prices have also tended to decrease since the beginning of October. #fertilizer_price #farmers #western #fertilizer_price #ure #fertilizer #dam price #giapk #giakali #agriculture #fertilizer #agricultural materials #news #agriculture

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