1. Price level and trend into June 2026 - World Bank/Statista data show DAP peaking around 550–600 USD/t in 2023–2024, with a forecast softening toward 550 USD/t by 2025 as markets rebalance. - Expert Market Research projects an ~8% DAP price decline over 2026–2027 as new capacity comes online and earlier supply tightness eases, though trade policy and input‑cost volatility cap the downside. - Multiple 2026 market reviews describe 2026 as a “price‑correction”/“adjustment” year after the strong 2025 rally: recent index data show DAP prices “softened across most regions” in 2026, though still ab
1. Price level and trend into June 2026 - World Bank/Statista data show DAP peaking around 550–600 USD/t in 2023–2024, with a forecast softening toward 550 USD/t by 2025 as markets rebalance. - Expert Market Research projects an ~8% DAP price decline over 2026–2027 as new capacity comes online and earlier supply tightness eases, though trade policy and input‑cost volatility cap the downside.
- Multiple 2026 market reviews describe 2026 as a “price‑correction”/“adjustment” year after the strong 2025 rally: recent index data show DAP prices “softened across most regions” in 2026, though still above long‑run averages. Interpretation for June 2026: Global DAP is in a cooling phase versus 2025 highs, with prices easing or flat in most regions but not collapsing, and with pockets of firmness where seasonal demand is strong. 2.
Regional supply–demand balance (early‑mid 2026) - Africa: March 2026 DAP at ~0.68 USD/kg (≈680 USD/t) after a 9.3% drop Dec–Mar, driven by weakened fertilizer demand and reduced procurement; conditions broadly bearish. - North America: March 2026 around 0.72 USD/kg; Q1 2026 price index down ~13.5% QoQ amid ample supply, lower fertilizer application, and sufficient inventories, resulting in strongly bearish conditions and lower procurement urgency.
- Europe: March 2026 about 0.89 USD/kg, down ~3.3% from December; marginally softer demand and tempered procurement, mildly bearish. - Northeast Asia: March 2026 ~0.74 USD/kg with a 25.4% increase Dec–Mar, on strong
Procurement teams should maintain flexible sourcing strategies for DAP Phosphate given the evolving market dynamics. Monitor supply-side developments, inventory trends, and demand signals from end-use sectors. Consider layered hedging against price volatility and diversify supplier exposure to manage risk.