Fertilizers
MAP
Monoammonium phosphate (MAP) is a high-analysis phosphate fertilizer widely used in Brazil and other major crop markets.
MARKET REFERENCES
How the market commonly references price
There is rarely one universal price for a physical commodity. Commercial value depends on the benchmark, specification, origin, destination, timing and logistics agreed between buyer and seller.
- CFR Brazil MAP
- FOB Morocco / North Africa
- FOB China and other export references
TYPICAL COMMERCIAL STRUCTURE
How physical pricing is often built
Typical physical pricing: relevant regional MAP assessment ± origin / quality differential. CFR destination prices incorporate freight from the export origin.
PRICE DRIVERS
What moves the physical differential?
- Phosphate and ammonia feedstock
- Brazil import demand
- Currency / farmer economics
- Export policy
- Freight
PHYSICAL TRADE
Commercial considerations
MAP grades differ by nutrient content and granulation; Brazil commonly trades granular MAP on a CFR basis.
The examples on this page describe common market conventions at a high level. Actual contracts can use different pricing periods, assessments, quality adjustments, Incoterms and negotiated differentials.
Market methodology reference: view source / methodology
PHYSICAL COMMODITY BROKERAGE
Discuss a MAP requirement.
Share the specification, quantity, origin or destination, delivery basis and timing.