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Agriculture, Pesticides
June 23, 2025
Platts, part of S&P Global Commodity Insights, proposes to launch two weekly price assessments, FOB Tampa Granular diammonium phosphate (DAP) and FOB Tampa monoammonium phosphate (MAP), effective Aug. 7, 2025.
The proposed assessments would capture market activity in the US Gulf and complement Platts' existing coverage of the DAP/MAP market in the country.
The proposed assessments would have the following specifications:
Assessment Name : Diammonium Phosphate FOB Tampa FL $/mt Wkly
Quality : Bulk granular diammonium phosphate with 18% nitrogen, and 46% phosphorus content, DAP (18-46-0)
Quantity : 20,000-30,000 mt
Basis and location : FOB Tampa, Florida
Timing : Loading 8-60 days forward
Frequency : Weekly (Thursdays)
Unit of assessment : $/mt
Timestamp : 16:30 Sao Paulo, following the Sao Paulo publishing calendar
Assessment Name : Monoammonium Phosphate FOB Tampa FL $/mt Wkly
Quality : Bulk granular monoammonium phosphate with 11% or 12% nitrogen, and 52% phosphorus content, MAP (12-52-0/11-52-0)
Quantity : 20,000-30,000 mt
Basis and location : FOB Tampa, Florida
Timing : Loading 8-60 days forward
Frequency : Weekly (Thursdays)
Unit of assessment : $/mt
Timestamp : 16:30 São Paulo, following the São Paulo publishing calendar
The weekly price assessments would be published as a single "close" value with a 16:30 Sao Paulo timestamp and follow the Sao Paulo publishing calendar. The assessments would appear in the Phosphates Market Report, US Fertilizer Report, and on Platts Connect.
Alignment of weekly range assessment methodology
Additionally, Platts proposes to align the specifications and formalize the relationship between two proposed assessments and the established weekly Diammonium Phosphate/Monoammonium Phosphate FOB US Gulf, Bulk price assessment (FDPBA04), effective Aug. 7, 2025.
The low and high of the weekly DAP/MAP range assessment would now be derived from the above proposed MAP FOB Tampa and DAP FOB Tampa assessments. For example, if FOB Tampa DAP is assessed at $650/mt and FOB Tampa MAP at $680/mt, the FOB US Gulf, Bulk DAP/MAP weekly range will be reported as $650-$680/mt. No fresh market information would be taken into account.
The specifications for the existing weekly assessment will also be adjusted to align with the above proposed assessments. The revised specifications for the DAP/MAP FOB Bulk US Gulf price assessment would read as follows:
Current specifications | Proposed specifications | |
Assessment Name | Diammonium Phosphate (DAP)/ Monoammonium Phosphate (MAP) FOB US Gulf, Bulk | Diammonium Phosphate (DAP)/ Monoammonium Phosphate (MAP) FOB US Gulf, Bulk |
Symbol | FDPBA04 | FDPBA04 |
Quality | Price assessments reflect US origin, DAP (18-46-0) / MAP (12-52-0/11-52-0) | US origin DAP (18-46-0); MAP (12-52-0/11-52-0) |
Quantity | Minimum quantity 6,000 mt or smaller multiples totaling 6,000 mt priced at the same level for the same region | 20,000 - 30,000 mt |
Basis and location | FOB US Gulf in bulk – various ports in the US Gulf including Tampa plus Morehead City. Based on spot FOB or netbacks of CFR priced sales made directly by producers. Includes netbacks from the MAP Brazil CFR bulk price range | FOB Tampa, Florida. The low and high of the assessment reflects the weekly FOB Tampa DAP & FOB Tampa MAP price published on the same day. |
Timing | Shipment up to 30 days forward | Loading 8 - 60 days forward |
Frequency | Weekly, every Thursday | Weekly, every Thursday |
Unit of assessment | $/mt | $/mt |
Timestamp | 16:30 Sao Paulo, published according to the Sao Paulo publishing calendar | 16:30 Sao Paulo, published according to the Sao Paulo publishing calendar |
The assessment would continue to appear in the Phosphates Market Report, US Fertilizer Report, and on Platts Connect.
Please send any feedback, questions and comments on this proposal to fertilizer@spglobal.com and pricegroup@spglobal.com by July 7, 2025.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.