July 7, 2025 | 22:18 GMT +7
Hotline: 0913.378.918
July 7, 2025 | 22:18 GMT +7
Hotline: 0913.378.918
Both MAP and DAP fertilizers increased sharply in price.
Data collected by the DTN fertilizer market tracking platform in the second week of September 2021 shows that the price of potash fertilizer has increased by more than 6% compared to the previous month, while the average price of fertilizers of all types is USD 598/ton.
The remaining seven types of fertilizer also experienced an increase in price, all at a rate below 5%. In particular, the average price of MAP fertilizer is USD 776/ton, urea fertilizer USD 572/ton, anhydrous fertilizer USD 762/ton, UAN28 USD 381/ton and UAN32 USD 428/ton.
Notably, the price of DAP fertilizer has increased by 1%, reaching USD 702/ton - the first time in 10 years. The average price of 10-34-0 fertilizer is USD 632/ton, also slightly higher. The last time phosphate fertilizer price was at such a high level was in the second week of December 2011 when the average price was also at 702 USD/ton.
Price list of dry fertilizers of all kinds from September 14, 2020 to September 13, 2021. Photo: DTN.
Statistics show that the retail prices of all fertilizers have increased significantly compared to a year ago. To be more specific, 10-34-0 fertilizer is now 39% more expensive, urea 59%, DAP 62%, UAN32 69%, MAP 73%. The price of both potassium and UAN28 are 74% higher in comparison to 2020, while in the case of anhydrous fertilizer the increase rate in price is currently 77%.
According to experts, it is clear that a shortage of fertilizer supply may be imminent in the near future. Two major fertilizer producers announced last week that they would be closing facilities in Europe due to a relatively new problem facing fertilizer production - high natural gas price.
Price list of liquid fertilizers of all kinds from September 14, 2020 to September 13, 2021. Photo: DTN.
DAP fertilizer (diammonium phosphate, or diammonium hydrophosphate) is the most commonly used compound fertilizer in world agriculture with the composition of 18% N (Nitrogen), 46% P2O5 (phosphate).
MAP fertilizer is a granular monoammonium phosphate fertilizer that dissolves quickly in water or moist soil, which is important for agricultural purposes, serving as a source of nitrogen and phosphorus. The amount of nitrogen present in MAP fertilizers is about 10%, lower than DAP fertilizer. The ratio of P2O2 in MAP fertilizers usually ranges from 48 to 61%, which is the highest among the fertilizers currently available.
Translated by Samuel Pham
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