DAP is most likely bottoming soon as Chinese domestic prices are now in line with international prices. DAP price has been largely driven lower over the last 6 months or so by huge falls in Sulphur and Ammonia prices. Morocco is controlling the rock price, they have lost some demand to others but I suspect they have still made a lot more $$ holding the price where it currently is.
DAP is most likely bottoming soon as Chinese domestic prices are...
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