Key drivers
What is moving dap right now
CFR import parity changes
Working capital discipline
Seasonal procurement windows
Commodity page
DAP: route dependence, price transmission, and operational stress.
Phosphate products are under less direct Hormuz pressure than nitrogen, but freight and inventory management remain important.
Stress postureElevated
Stress score
58 / 100
Route dependence
35%
7d move
+2.6%
Family
Fertilizer
Watchpoints
What would change the score next
- Brazil import timing
- India subsidy signals
- Freight-led basis widening
Live snippets
Recent updates touching dap
16:11 HKT · Nitrogen
Urea buyers move to secure prompt cargoes as procurement windows tighten.
Tender timing is turning from opportunistic to defensive in South Asia, with price secondary to volume certainty.
15:36 HKT · LNG
Asian LNG desks mark a higher disruption premium into replacement scenarios.
The move reflects longer expected Gulf turnaround assumptions rather than confirmed physical outages.