The current producer?s DAP price is over RMB3,000/MT and is predicted to move higher in the short run.
DAP price went up $10~20/MT in the international market in Nov. China?s DAP export price is $465~510/MT currently. Chinese companies exported 203,000 MT DAP in Oct. under the stimulus of high price, a volume that exceeded the same period of last year by 2.3 times.
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