DAP and MAP and Nitrogen (ammonia)
Their prices have moved together.
DAP and MAP (chemical) and Nitrogen (ammonia) (commodity): 1 relationship.
How they are linked
1. Price link: shared demand
Cost and price · Strong · Both ways
DAP contains nitrogen as well as phosphate and is bought by the same farmers in the same seasons, so the two fertiliser prices move together: monthly changes correlate at 0.45 and yearly changes at 0.80, among urea's strongest links.
- 0.45 monthly change correlation
- 0.80 12-month change correlation
- 0.86 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.