Diammonium Phosphate Prices, Trends & Forecasts | Provided by Procurement Resource

Diammonium Phosphate ((NH4)2HPO4) or DAP is a chemical compound that is primarily used as a fertilizer in the agricultural sectors. It comprises chemicals such as nitrogen, phosphorous, and hydrogen as its base elements. The compound is rich in nutrients that are essential for plant varieties. It quickly dissolves in the soil and provides the crop with the required nourishment. Ammonium, a key compound in DAP, is an essential nutrient required during the initial development stages of a crop or plant, making the fertilizer an effective product to be used on agricultural fields.

It is a colorless crystal that is soluble in water. However, it is not soluble in chemical solvents such as alcohol, ammonia, and acetone. It is widely used in agricultural industries to manufacture fertilizers and manures for crop-yielding fields.

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The key importing countries that import Diammonium Phosphate are the Netherlands, Brazil, and the United States. On the other hand, the key exporting countries include the Netherlands, Belgium, and Germany.

Key Details About the Diammonium Phosphate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diammonium Phosphate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Diammonium Phosphate Price chart, including India Diammonium Phosphate price, USA Diammonium Phosphate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Diammonium Phosphate Price Trend:

Diammonium Phosphate, or DAP, is a chemical compound that is widely used as a fertilizer in agricultural fields. The chemical is rich in nutrients that are essential for plant nourishment. Apart from the agricultural fields, it is also associated with various other industrial domains, including beverages manufacturing industries, where it is used as a yeast nutrient that is used in winemaking or mead brewing. As an additive, it enhances the nicotine content in cigarettes. It is a nutritional supplement when added to various food products, mainly wines, yeast, bread vinegar, improvers, etc. Moreover, it is a supplement used in fields to provide nutrients to various fruits and vegetable plants, including rice and wheat.

Key Players:

  • Sichuan Blue Sword Chemical (Group)Co.,Ltd.
  • Jordan Phosphate Mines Co.PLC
  • Coromandel International Limited
  • Ava Chemicals
  • Ballance Agri-Nutrients Ltd.
  • Sichuan Chuanxi Xingda Chemical Co.
  • China Blue Chemicals Ltd.
  • Saudi Arabian Mining Company (MA’ADEN)

News & Recent Development

  • Date: February 10, 2023– The central government of India has approved the commercial release of nano-DAP or nano- Diammonium Phosphate, which aims to empower the agricultural sector.

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