DAP and MAP and Urea

Their prices have moved together.

DAP and MAP (chemical) and Urea (chemical): 1 relationship.

How they are linked

1. Price link: shared demand

Cost and price · Strong · Both ways

Farmers buy nitrogen and phosphate together before planting, and both trade on the same import tenders and freight. DAP moves with urea at 0.45 monthly and 0.80 yearly, the strongest monthly tie for urea.

• 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.