DAP — DIAMMONIUM PHOSPHATE
DAP fertilizer spot price (US Gulf). Key phosphate fertilizer — Gulf states are major producers.
204 monthly data points from 2010-01-01 to 2026-04-30.
Current$757.50/Mt
Change+3.3%
All-Time High$866.00/Mt (2026-03-14)
All-Time Low$70.75/Mt (2020-04-01)
2019 Avg$88.00/Mt
Data Points204
ALL-TIME (2010–2026)
Full history. Dashed line = 2019 average ($88.00/Mt).
   866 ┤                                                              ╭╮      
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   166 ┤    ╭──╯╰╯╰──╮                                 ╭─╯      ╰───╯         
   119 ┤ ╭──╯        ╰──────────────╮       ╭─╮       ╭╯                      
    73 ┤─╯─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ╰───────╯ ╰───────╯ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─ ─   baseline
       └──────────────────────────────────────────────────────────────────────
        2010-01                            2018-08                     2026-04
1-YEAR
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   789 ┤ │  ╰╮                                                                
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   761 ┤╭╯   │                                                              ╭─  now
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   732 ┤│    ╰╮                                    ╭──────────────────────╯   
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   676 ┤      ╰╮  ╭────╯                                                      
   662 ┤       ╰──╯                                                           
       └──────────────────────────────────────────────────────────────────────
        2025-06                            2026-03                     2026-04
CONTEXT
DAP is the most widely traded phosphate fertilizer globally.
Hormuz dependency: Saudi Arabia and Jordan are major DAP/phosphate producers.
Saudi Ma'aden (world's #3 phosphate producer) ships through Hormuz.
Combined with urea (nitrogen) — fertilizer disruption threatens global food security.
Fertilizer costs = 30-40% of crop production costs for grain farmers.
2022 peak: $920/Mt (Ukraine crisis + China export ban). Normal range: $350-500/Mt.
Impact chain: Hormuz → fertilizer prices ↑ → planting costs ↑ → food prices ↑ (6-12 month lag).
Source: World Bank Pink Sheet (monthly, 2010–present).
Updated monthly. 204 data points since 2010-01-01.
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