Phosphate Products and Their Price Implications
Main phosphate products include: •Single superphosphate (SSP) •Triple superphosphate (TSP) •Diammonium phosphate (DAP) •Monoammonium phosphate (MAP) The prices of the above products are quite different (Price: in Indian Rupees per 50 kg bag) SSP: 262.58 to 362.00 TSP: 418.60 DAP: 1,125.00 to 1,136.50 MAP: 910.00 Source: www.tnagrisnet.tn.gov.in, as of October 7, 2014. 1 Indian Rupee is equal to 0.016 US$, and India is the biggest consumer of phosphate fertilizer. International DAP benchmark price as of October 30 (Price FOB, Tampa, USA): US$460 to 462.