Indian demand to drive phosphate prices as Middle East producers manage output
Published: Tuesday, 23 September 2014
Sustained fertiliser subsidies and recovery in the global economy are expected to support phosphate consumption until at least 2017, analysis by Societe Generale shows.
Diammonium phosphate (DAP)
prices are set to rise this year and beyond, due to renewed
Indian fertiliser demand, according to the latest forecast by
French bank Societe Generale (SocGen).
The price of DAP FOB Tampa, Florida, is expected to average
$485/tonne in 2014 and rise to $499/tonne...