Diammonium Phosphate Price Trend climbed by over 12% quarter‑on‑quarter in Q2 2025, supported by aggressive Indian buying and tight regional availability. Major Indian importers NFL, IPL, and Kribhco procured more than 225,000t of Saudi-origin DAP from Ma’aden at, pulling up netbacks to the high USD 720s FOB Ras Al Khair. Ethiopia’s large tender further tightened the supply chain, while muted Western Hemisphere demand prevented excessive volatility.
Seasonal Indian stocking ahead of the kharif season amplified competition for cargoes and underpinned bullish sentiment. Limited alternative sourcing and steady tender activity left the market firm heading into Q3. According to PriceWatch, DAP ended the quarter at USD 730/MT FOB New Orleans. Track Real Time Monoammonium Phosphate (MAP) Price Analysis.






