US: DAP/MAP output relatively flat July-December

摘要

During the first half of the US fertilizer year through December 31, DAP/MAP output fell a marginal 2% to 2.43 million st P2O5 compared to July-December 2014. This reflects barely any reaction at all among US producers to the long term bear market that began in October for phosphates other than going along with the nearly $100/st drop in US DAP and MAP values seen at New Orleans during Q4.