Diammonium Phosphate (DAP) Price Trend and Forecast

Diammonium Phosphate (DAP) Price Trend Q1 2025

In Q1 2025, the global Diammonium Phosphate (DAP) market has exhibited a cautiously firm price trend, supported by balanced supply conditions and steady agricultural demand across key importing regions.

In Asia Pacific, FOB Shanghai prices in China have increased marginally by 1.3%, as export quotas and trade controls have continued to regulate outbound volumes, while stable Ammonia and Sulfur costs have limited sharper gains.

CIF markets in Indonesia, Malaysia, and Vietnam have shown mixed movements, with slight quarterly declines due to adequate inventory levels and moderate planting demand, although March prices have edged up modestly.

In South Asia, India has recorded stronger CIF growth of up to 0.6%, reflecting pre-season stocking and firm offers from Saudi Arabia, Jordan, Morocco, China, and Russia. In the Middle East, FOB Aqaba and Ras Al-Khair have risen moderately amid stable Natural Gas-based production economics and consistent export flows.

Europe-linked exports from Morocco and Russia have remained largely stable, supported by steady Phosphate Rock availability and redirected trade flows amid Russia-Ukraine geopolitical dynamics.

In North and South America, demand fundamentals have remained steady, sustaining import parity levels. Overall, disciplined supply, controlled exports, and seasonal agricultural procurement have maintained a stable-to-firm global DAP price trend.

India

According to the PriceWatch, During Q1 2025, Diammonium Phosphate (DAP) Granular Fertilizer Grade prices in the CIF Kandla market (USD, CIF Kandla – Saudi Arabia, Morocco, Jordan, China, and Russia) exhibited a moderately firm trend, supported by steady import demand and marginally higher FOB offers from key exporting countries.

Indian buyers actively secured volumes in anticipation of upcoming agricultural requirements, while global supply remained disciplined due to China’s export controls and balanced production levels in the Middle East.

Feedstock dynamics, particularly stable to slightly firm Ammonia and Sulfur prices, sustained export benchmarks from Saudi Arabia and Jordan, whereas Moroccan and Russian cargoes reflected competitive positioning amid shifting trade flows linked to geopolitical developments.

In March 2025, CIF Kandla prices increased by ~0.3% (Saudi Arabia), ~0.8% (MOROCCO), ~0.3% (JORDAN), ~0.2% (CHINA), and ~1% (RUSSIA), indicating incremental cost pass-through from global markets. Domestic Ex-Factory India prices remained stable in March, reflecting regulated pricing mechanisms and subsidy alignment.

Diammonium Phosphate (DAP) Price Trend Q2 2025

In Q2 2025, the global Diammonium Phosphate (DAP) market has experienced a pronounced upward price trend across major exporting and importing regions, driven by firm feedstock fundamentals and resilient agricultural demand.

In Asia Pacific, FOB prices in China have increased supported by export controls and quotas that have tightened regional supply, while CIF markets such as Indonesia, Malaysia, Vietnam, and India have reflected higher landed costs due to elevated Chinese offers and strong pre-monsoon procurement.

In June 2025, prices have increased by 2–3% across Southeast Asian import hubs, while India’s CIF Kandla prices from Jordan have surged reflecting aggressive restocking. In this quarter, in the Middle East, FOB Aqaba and Ras Al-Khair both have risen, as higher Ammonia and Sulfur costs and firm export allocations have supported the price trend.

Exports from Morocco (FOB Jorf Lasfar) & Russia (FOB Ustluga) have increased amid redirected trade flows under ongoing geopolitical constraints. In North America and South America, stronger crop economics and seasonal application demand have reinforced import requirements, sustaining global tightness.

Overall, constrained supply, elevated raw-material costs, and active cross-regional trade flows have collectively strengthened the global DAP price trend.

India

According to the PriceWatch, During Q2 2025, Diammonium Phosphate (DAP) Granular Fertilizer Grade prices in the CIF Kandla market (USD, CIF Kandla – Saudi Arabia, Morocco, Jordan, China, and Russia) have demonstrated a firm upward trend, primarily driven by elevated FOB prices in key exporting countries and robust domestic procurement during India’s kharif sowing season.

Higher upstream Ammonia and Sulfur costs in the Middle East and North Africa have increased export benchmarks from Saudi Arabia, Morocco, and Jordan, while China’s export controls and quota restrictions have tightened regional availability, raising landed costs for Indian buyers. Additionally, redirected trade flows from Russia amid geopolitical constraints have supported higher offer levels.

In June 2025, CIF Kandla prices have increased by 4% from Saudi Arabia, 4% from Morocco, 11% from Jordan, 2% from China, and 8 % from Russia, reflecting aggressive restocking and constrained global supply. Domestic Ex-Factory India prices remained stable in June, recording no change, reflecting subsidy alignment and controlled local pricing mechanisms.

Diammonium Phosphate (DAP) Price Trend Q3 2025

In Q3 2025, the global Diammonium Phosphate market has recorded a firm upward price trend across major exporting and importing regions, supported by elevated raw material costs and resilient agricultural demand.

In Asia Pacific, FOB Shanghai in China has increased by 12.3%, driven by tighter export quotas and higher Ammonia, Sulfur, and Phosphate Rock costs, while stable Natural Gas availability has sustained operating rates.

CIF prices in Indonesia, Malaysia, and Vietnam have risen between 10.5–12.6%, reflecting costlier Chinese cargoes and steady planting demand.

In India, a major importer, CIF Kandla prices from Saudi Arabia, Morocco, Jordan, China, and Russia have surged up to 18.7%, as strong kharif season procurement and higher FOB offers have lifted import realizations, while Ex-Factory prices have remained stable under subsidy controls.

In the Middle East, FOB Aqaba in Jordan and Ras Al-Khair in Saudi Arabia have advanced by 16.2% and 13.9%, supported by firm export demand and stable feedstock economics. In Europe, FOB Price in Russia has climbed by 12.9%, influenced by trade realignments amid the Russia-Ukraine war.

In Africa, FOB price in Morocco has risen by 13.6%, underpinned by sustained export inquiries and improved logistics despite Red Sea disruptions. Overall, the price trend has reflected balanced supply, firm raw material costs, and region-specific trade dynamics.

China: Diammonium Phosphate Exported Price Trend in China, Granular Fertilizer Grade FOB Shanghai

In Q3 2025, Diammonium Phosphate price trend in China witnessed a firm upward trajectory, primarily driven by elevated upstream raw material costs, including Ammonia, Phosphate Rock, and Sulfur, which strengthened production economics during the quarter.

Stable Natural Gas availability supported consistent operating rates across major production hubs; however, export availability remained regulated due to China’s export quotas and periodic trade restrictions on DAP, tightening spot supply in the international market.

Robust agricultural demand from key importing nations, particularly India during the kharif procurement cycle, sustained export inquiries and reinforced FOB offers.

International Trade & Logistics flows remained functional despite lingering geopolitical concerns and shipping bottlenecks linked to the Russia-Ukraine war and Red Sea disruptions, which maintained freight volatility and contributed to firmer export realizations.

In September 2025, Diammonium Phosphate prices decreased from the previous month decreasing by ~2%, reflecting cautious buying sentiment toward quarter end. Overall, Diammonium Phosphate price in China, marking a quarterly increase of ~12%.

Indonesia: Diammonium Phosphate Imported Price Trend in Indonesia, Granular Fertilizer Grade CIF Port Jakarta (CHINA)

In Q3 2025, Diammonium Phosphate price trend in Indonesia experienced a notable upward movement, primarily driven by higher FOB export prices from China.

Chinese DAP offers strengthened during the quarter due to elevated upstream costs of Ammonia, Phosphate Rock, and Sulfur, alongside regulated export quotas that constrained spot availability in the international market. Stable Natural Gas supply in China supported steady production.

However, export allocations remained controlled, tightening supply to Southeast Asian buyers. Consequently, Indonesian import prices on a CIF basis reflected costlier cargoes from China.

Agricultural demand within Indonesia remained firm during the planting cycle, supported by crop price stability and government-backed fertilizer distribution programs, further sustaining import procurement. International Trade & Logistics remained operational despite freight volatility linked to Red Sea disruptions, which maintained elevated landed costs.

In September 2025, Diammonium Phosphate prices decreased from the previous month decreasing by ~2%, reflecting moderated buying activity toward quarter end. Overall, Diammonium Phosphate price in Indonesia, marking a quarterly increase of ~11%.

Jordan: Diammonium Phosphate Exported Price Trend in Jordan, Granular Fertilizer Grade FOB Aqaba

In Q3 2025, Diammonium Phosphate price trend in Jordan demonstrated a significant upward trajectory, primarily supported by elevated international demand and firm raw material costs, including Ammonia, Phosphate Rock, and Sulfur.

Stable Natural Gas availability in the region sustained consistent production levels; however, strong procurement from major importing countries, particularly India during the kharif planting cycle, tightened export availability from Aqaba.

Geopolitical developments in the Red Sea corridor and related shipping bottlenecks increased freight uncertainties, reinforcing FOB realizations and contributing to stronger export offers. Additionally, competitive positioning among Middle Eastern suppliers supported higher contract settlements amid balanced inventories.

In September 2025, Diammonium Phosphate prices decreased from the previous month decreased by 0.3%, reflecting moderated spot inquiries toward the end of the quarter. Overall, Diammonium Phosphate price in Jordan, marking a quarterly increase of 16%.

Malaysia: Diammonium Phosphate Imported Price Trend in Malaysia, Granular Fertilizer Grade CIF Port Kelang (CHINA)

In Q3 2025, Diammonium Phosphate price trend in Malaysia recorded a firm upward movement, primarily driven by higher FOB export prices from China. Chinese DAP prices strengthened during the quarter due to elevated feedstock costs, particularly Ammonia, Phosphate Rock, and Sulfur, alongside export quotas that restricted spot cargo availability.

Stable Natural Gas supply in China supported steady production; however, controlled export allocations tightened regional supply, directly impacting CIF import realizations at Port Kelang.

Malaysian agricultural demand remained resilient during the plantation application cycle, particularly for palm oil and cash crops, sustaining procurement volumes despite rising landed costs. International Trade & Logistics continued amid freight volatility linked to Red Sea disruptions, contributing to firm import parity levels.

In September 2025, Diammonium Phosphate prices decreased from the previous month decreased by ~2 %, reflecting moderated buying interest toward the end of the quarter. Overall, Diammonium Phosphate price in Malaysia, marking a quarterly increase of ~12%.

Morocco: Diammonium Phosphate Exported Price Trend in Morocco, Granular Fertilizer Grade FOB Jorf Lasfar

In Q3 2025, Diammonium Phosphate price trend in Morocco recorded a strong upward trajectory, primarily supported by elevated international demand and firm upstream raw material costs, particularly Phosphate Rock and Sulfur.

As a major global supplier, Morocco benefited from sustained procurement from key importing nations, including India and Southeast Asia, which tightened spot export availability at Jorf Lasfar.

Stable Natural Gas availability supported consistent processing operations; however, firm Ammonia prices increased overall production costs during the quarter. International Trade & Logistics remained active despite freight volatility linked to Red Sea disruptions, which reinforced export realizations and supported higher FOB settlements.

The global supply landscape remained balanced, yet competitive export positioning and strong agricultural demand during major planting cycles contributed to price firmness.

In September 2025, Diammonium Phosphate prices remained stable compared to the previous month, recording no change, reflecting equilibrium between supply commitments and export inquiries toward quarter end. Overall, Diammonium Phosphate price in Morocco, marking a quarterly increase of ~14%.

Russia: Diammonium Phosphate (DAP) Exported Price Trend in Russia, Granular Fertilizer Grade FOB Ustluga

In Q3 2025, Diammonium Phosphate (DAP) price trend in Russia witnessed a firm upward trajectory, supported by tightened export availability and sustained global procurement interest ahead of key planting seasons in major importing regions.

Elevated feedstock costs, particularly for Ammonia and Sulfur, exerted upward pressure on production economics, while stable Phosphate Rock supply ensured continued operating rates at Russian facilities.

The Russia-Ukraine geopolitical situation continued to influence international trade flows, redirecting cargoes toward Asia and Latin America, thereby maintaining export momentum from the Baltic region.

Firm agricultural demand from large importing nations such as India during seasonal stocking further reinforced export allocations, contributing to price firmness. Logistics through Baltic ports, including Ustluga, remained operational, enabling consistent shipment volumes despite broader geopolitical uncertainties.

In September 2025, DAP prices in Russia remained stable from the previous month, recording no change, with the price trend indicating consolidation after earlier gains. Overall, Diammonium Phosphate price in Russia, marking a quarterly increase of 13%.

Saudi Arabia: Diammonium Phosphate (DAP) Exported Price Trend in Saudi Arabia, Granular Fertilizer Grade FOB Ras Al-Khair

In Q3 2025, Diammonium Phosphate (DAP) price trend in Saudi Arabia exhibited a pronounced upward movement, primarily supported by firm export demand and elevated feedstock costs during the quarter.

Higher Ammonia and Sulfur prices increased production costs for integrated phosphate producers, while steady Natural Gas availability sustained operational rates at major manufacturing complexes in Ras Al-Khair.

Strong agricultural procurement from key importing nations, particularly India, ahead of seasonal application cycles contributed to tightened export allocations, reinforcing bullish market sentiment.

Additionally, continued geopolitical tensions in the Red Sea region influenced freight sentiment and trade flows, prompting buyers to secure cargoes in advance, which further supported the price trend.

Despite the broader quarterly strength, in September 2025, DAP prices in Saudi Arabia decreased by 0.6% from the previous month, reflecting short-term demand normalization and balanced shipment schedules. Overall, Diammonium Phosphate price in Saudi Arabia, marking a quarterly increase of ~14%.

Vietnam: Diammonium Phosphate (DAP) Imported Price Trend in Vietnam, Granular Fertilizer Grade CIF Haiphong (CHINA)

In Q3 2025, Diammonium Phosphate (DAP) price trend in Vietnam demonstrated a firm upward trajectory, primarily influenced by elevated import offers linked to strong FOB price movements in key exporting countries.

Tightened export availability from major suppliers, coupled with higher upstream Ammonia and Sulfur costs, raised FOB benchmarks in the Middle East and Russia, which directly translated into higher CIF values at Haiphong.

China’s continued export controls and quota management on DAP shipments further constrained regional supply availability, limiting arbitrage opportunities for Vietnamese importers and reinforcing the bullish price trend during the quarter.

Additionally, steady agricultural demand within Vietnam, aligned with seasonal fertilizer application cycles, supported procurement activity despite elevated price levels.

However, in September 2025, DAP prices in Vietnam decreased by ~2% from the previous month, reflecting improved cargo arrivals and short-term demand stabilization. Overall, Diammonium Phosphate price in Vietnam, marking a quarterly increase of 13%.

India: Diammonium Phosphate (DAP) Imported Price Trend in India, Granular Fertilizer Grade CIF Kandla (Saudi Arabia)

In Q3 2025, Diammonium Phosphate (DAP) price trend in India recorded a strong upward movement, primarily driven by elevated import offers from Saudi Arabia and sustained domestic agricultural demand during the kharif cultivation cycle.

Firm FOB prices in Saudi Arabia, supported by higher upstream Ammonia and Sulfur costs and robust export allocations, directly translated into increased CIF values at Kandla.

Additionally, China’s continued export controls and quota limitations on DAP shipments constrained alternative supply sources in the Asian market, thereby tightening regional availability and reinforcing India’s reliance on Middle Eastern cargoes.

Active procurement by Indian importers to secure inventories amid global supply uncertainties further strengthened the price trend during the quarter. In September 2025, DAP prices in India increased by 0.1% from the previous month, reflecting marginal upward adjustments aligned with firm international benchmarks. Overall, Diammonium Phosphate price in India, marking a quarterly increase of ~14%.

Diammonium Phosphate (DAP) Price Trend Q4 2025

In Quarter Four, 2025, the global Diammonium Phosphate (DAP) market has witnessed a broad-based price correction, driven by softer feedstock costs and improved supply availability across key exporting hubs.

Globally, DAP prices have declined quarter-on-quarter, with FOB benchmarks easing in line with lower ammonia, phosphate rock, and sulfur prices, supported by relatively stable natural gas costs and improved upstream production economics.

In Asia Pacific Prices have softened moderately across the region, with export and import benchmarks reflecting cautious procurement trends. China has maintained export quotas and periodic restrictions on DAP, while improved plant operating rates have stabilized domestic supply.

In India, a major importer, import prices at Kandla have declined from multiple sourcing origins, whereas ex-factory levels have remained stable, supported by seasonal agricultural demand during the rabi planting cycle.

In Middle East export prices have eased, reflecting competitive positioning in the global market alongside ongoing capacity optimization and expansion initiatives. In Europe and North America, export values have weakened amid continued geopolitical tensions, trade realignments, and tariff-related adjustments affecting cross-border flows.

In South America & Africa export prices have softened as improved logistics conditions and incremental capacity additions have eased supply-side pressures. Overall, shipping bottlenecks, the Red Sea crisis, and the Russia-Ukraine war have persisted, but their inflationary impact has remained limited due to balanced global inventories and steady agricultural demand fundamentals.

China: Diammonium Phosphate Exported Price Trend in China, Granular Fertilizer Grade FOB Shanghai

During the Q4 Diammonium Phosphate price trend in China has continued trending downwards, driven by moderate export demand alongside favorable supply conditions.

Diammonium Phosphate price in China for the quarter has mainly depressed by declining upstream costs, considering that prices of Ammonia and Sulfur softened while Natural Gas Prices stayed relatively constant, thus lowering the cost of production.

Furthermore, sufficient supply of Phosphate Rock in the domestic market helped maintain consistent production rates at large production facilities, avoiding any supply constraints. Trade conditions are relatively stable.

However, China’s export quotas and export regulations on DAP exports would continue to affect export levels and would prevent aggressive sales overseas.

In December 2025, Diammonium Phosphate price in China global logistics is better off than during previous challenges caused by the Red Sea crisis and shipping capacity issues, thus decreasing FOB levels.

Indonesia: Diammonium Phosphate Imported Price Trend in Indonesia, Granular Fertilizer Grade CIF Port Jakarta (CHINA)

During Q4 2025, Diammonium Phosphate prices in Indonesia experienced a gradual downtrend mainly due to declining FOB export prices in China.

Diammonium Phosphate price trend in Indonesia tends to downtrend in FOB export prices in China is due to reduced upstream costs following declines in Ammonia and Sulfur prices, as the fundamentals for Natural Gas stayed unchanged.

While Chinese DAP exports continued to be regulated through export quotas, better plant performance along with balanced inventory levels ensured regular shipments, resulting in affordable cargo rates for Southeast Asia.

As the situation in the Red Sea calmed down and International Trade & Logistics returned to normalcy, the CIF cost pressure eased. On the other hand, in December 2025, Diammonium Phosphate prices in Indonesia are consistent for agricultural purposes, but purchases are carried out prudently due to adequate stock levels.

Jordan: Diammonium Phosphate Exported Price Trend in Jordan, Granular Fertilizer Grade FOB Aqaba

Diammonium Phosphate price trend in Jordan for Q4 2025 witnessed significant correction downwards, mainly due to weakening global demand and feedstock cost reduction.

Lower export realization prices are attributed to falling Ammonia and Sulfur prices within the period, which contributed to cost savings and aggressive export competition from suppliers in the Middle East.

Solid fundamentals for Natural Gas allowed continued production operations at all major producers in Jordan, thus maintaining healthy export supply. Favorable International Trade & Logistics situation relative to previous interruptions owing to the Red Sea problem led to more stable shipping dynamics.

Although weak purchase interest from major buyers, especially India, during staggered purchasing phases, restricted any price rise potential. Competitive pricing from other exporting countries also weighed negatively on FOB indicators from Aqaba.

There are no changes observed in December 2025, Diammonium Phosphate price in Jordan from November 2025 due to stable international consumption and inventory levels. In summary, Diammonium Phosphate price in Jordan, showing a quarterly fall of ~6%.

Malaysia: Diammonium Phosphate Imported Price Trend in Malaysia, Granular Fertilizer Grade CIF Port Kelang (CHINA)

During the fourth quarter of 2025, the Diammonium Phosphate price trend in Malaysia showed a declining trend, mainly driven by lower FOB export prices in China, the main supplier. This decline is due to lower upstream costs for Ammonia and Sulfur as their prices fell in Q4 2025.

Additionally, Natural Gas fundamentals are robust, and there is enough supply of Phosphate Rock in the market. China’s export quota on DAP is still in place. However, higher production levels and domestic inventory enabled regular shipments to Southeast Asia buyers, thereby leading to lower CIF prices at Port Kelang.

The global trade logistics sector improved compared to previous disturbances related to the Red Sea conflict, ensuring stable freight rates within CIF pricing. There is no change in domestic agriculture demand in Malaysia, although purchases are conservative considering that stocks are adequate.

In December 2025, Diammonium Phosphate price in Malaysia there is no shipment from China to Malaysia. In summary, Diammonium Phosphate price in Malaysia, falling quarter-over-quarter by about 2%

Morocco: Diammonium Phosphate Exported Price Trend in Morocco, Granular Fertilizer Grade FOB Jorf Lasfar

In Q4 2025, there is a steady fall in Diammonium Phosphate price trend in Morocco due to slackness in global buying and increased supplies in the major exporting countries.

The Diammonium Phosphate price in Morocco decrease is mainly attributed to reduced feedstock price levels with the decrease in Ammonia and Sulfur prices.

On the other hand, stable fundamentals in Natural Gas assured that there are steady production levels in phosphate integration plants.

There is sufficient Phosphate Rock supply in Morocco, which ensured competitive costs. Nevertheless, lower buying interest from important importing countries such as India during tender periods limited the realization in exportations.

The situation of international trade and logistics is favorable as there are no disturbances related to the Red Sea, resulting in stable shipping and consequently lower FOB prices.

The competitive nature of exports from the Middle East resulted in additional pricing pressure in the Atlantic Basin region. In December 2025, Diammonium Phosphate price in Morocco declined compared to those of November, by about 3%.

Russia: Diammonium Phosphate Exported Price Trend in Russia, Granular Fertilizer Grade FOB Ust-Luga

In Q4 2025, Diammonium Phosphate price trend in Russia recorded a sharp downward correction, reflecting competitive export positioning and subdued global demand.

The price trend is primarily influenced by eased feedstock costs, as Ammonia values softened during the quarter amid stable domestic Natural Gas availability, which supported consistent production levels across Russian facilities.

Adequate upstream integration and stable Phosphate Rock access further strengthened supply continuity, preventing production constraints.

However, ongoing geopolitical tensions related to the Russia-Ukraine war continued to reshape trade flows, leading to discounted export offers in alternative markets to sustain volumes.

International Trade & Logistics remained functional through Baltic routes, including Ust-Luga, although persistent shipping realignments and trade restrictions influenced buyer sentiment and pricing strategies.

In December 2025, DAP prices in Russia decreased from the previous month decreasing by ~3%, reflecting intensified export competition and balanced inventories. Overall, Diammonium Phosphate price in Russia, marking a quarterly decrease of 8%

Saudi Arabia: Diammonium Phosphate Exported Price Trend in Saudi Arabia, Granular Fertilizer Grade FOB Ras Al-Khair

In Q4 2025, Diammonium Phosphate price trend in Saudi Arabia recorded a significant downward movement, primarily driven by competitive export dynamics and softened global demand.

The decline is supported by easing upstream cost pressures, as Ammonia and Sulfur prices moderated during the quarter, while stable Natural Gas availability ensured consistent production across integrated facilities at Ras Al-Khair.

Adequate feedstock integration and steady operating rates contributed to ample export availability, intensifying pricing competition in key destination markets such as India and Southeast Asia.

International Trade & Logistics conditions improved compared to earlier Red Sea-related disruptions, stabilizing freight components; however, cautious procurement by major importers limited upward pricing momentum.

Additionally, competitive offerings from other Middle Eastern and North African exporters exerted further pressure on FOB benchmarks. In December 2025, DAP prices in Saudi Arabis decreased from the previous month, decreased by 3%, reflecting weaker international offtake and balanced inventories. Overall, Diammonium Phosphate price in Saudi Arabia, marking a quarterly decrease of ~8%

Vietnam: Diammonium Phosphate Imported Price Trend in Vietnam, Granular Fertilizer Grade CIF Haiphong (CHINA)

In Q4 2025, Diammonium Phosphate price trend in Vietnam followed a moderate downward correction, primarily influenced by softened FOB export prices from China, the key supplying country.

The decline in Chinese export benchmarks is supported by easing feedstock costs, as Ammonia and Sulfur prices moderated during the quarter alongside stable Natural Gas fundamentals, reducing production cost pressures.

China’s export quotas on DAP remained operative; however, improved operating rates and sufficient domestic inventories facilitated steady cargo availability for Southeast Asian markets, resulting in competitively priced imports into Haiphong.

International Trade & Logistics conditions improved compared to earlier Red Sea-related disruptions, stabilizing freight rates and limiting additional CIF cost escalation. Domestic agricultural demand in Vietnam remained steady during the planting cycle, though buyers adopted cautious procurement strategies amid adequate stock levels.

In December 2025, Diammonium Phosphate price trend in Vietnam there is no import of DAP from China. Overall, Diammonium Phosphate price in Vietnam, marking a quarterly decrease.

India: Diammonium Phosphate Imported Price Trend in India, Granular Fertilizer Grade CIF Kandla (Saudi Arabia)

In Q4 2025, Diammonium Phosphate price trend in India reflected a pronounced downward movement, primarily driven by weaker FOB export prices from Saudi Arabia.

The correction in Saudi Arabian benchmarks is influenced by eased upstream cost pressures, as Ammonia and Sulfur prices softened during the quarter, while stable Natural Gas availability supported uninterrupted production and competitive export positioning at Ras Al-Khair.

Ample supply availability from Middle Eastern producers intensified competition in key destination markets, including India. International Trade & Logistics conditions improved relative to earlier Red Sea-related disruptions, stabilizing freight components and contributing to lower CIF realizations at Kandla.

Although India remained a major importer with ongoing agricultural demand during the rabi planting season, procurement activity is executed in a staggered manner due to adequate inventory levels and regulated subsidy frameworks, limiting upward price momentum.

In December 2025, DAP prices in India decreased from the previous month decreasing by 3%, reflecting cheaper imports from Saudi Arabia. Overall, Diammonium Phosphate price in India, marking a quarterly decrease of ~8%.