America’s DAP Market Outlook: Tight Supply, Rising Costs, and Softening Demand Ahead
America’s DAP Market Outlook: Tight Supply, Rising Costs, and Softening Demand Ahead

America’s DAP Market Outlook: Tight Supply, Rising Costs, and Softening Demand Ahead

  • 27-Jan-2025 5:15 PM
  • Journalist: Philip Freneau

The Diammonium Phosphate (DAP) price trend showcased a bullish movement in the Americas. DAP prices have risen globally due to tight supply and increased demand ahead of the planting season, further strained by China's export restrictions on phosphates. Production rates remained stable, but limited feedstock availability and...

Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility. Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.

Related News

America DAP Market Outlook Tight Supply Rising Costs and Softening Demand Ahead
  • 27-Jan-2025 5:15 PM
  • Journalist: Philip Freneau
Surging Middle East DAP Demand Amid Reduced Supply Crunches
  • 26-Aug-2024 9:26 PM
  • Journalist: Jacob Kutchner
Stagnancy in DAP Prices in the USA Amid Balanced Demand Supply Dynamics
  • 07-Aug-2024 3:34 PM
  • Journalist: Robert Hume
Decline in Chinese DAP Prices During April 2024 After Loosening Export Sanction
  • 03-May-2024 2:29 PM
  • Journalist: Patricia Jose Perez