DAP fertilizers price sinks in global market

DAP fertilizer’s price sinks in global marketPrice of DAP fertilizer continued to sink in international market, while local market remains unaffected.The price of DAP has dipped by $ 15 per ton in international market during the last few days. Earlier, it had reached the all-time high of $ 694 per ton. However, now its price is about $ 640. The taxed imposed by China on Nitrophos can once again raise the price of DAP fertilizer. According to Top Line Research, there will be no effect of price hike on Pakistani market in the first quarter of the next year.