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India's cabinet approved an $8 billion subsidy increase for phosphate-based fertilizers. The decision responds to a spike in global nutrient prices driven by supply chain disruption, higher freight and energy costs after Russia's invasion of Ukraine.
Government subsidies cushion Indian fertilizer demand from record global phosphate prices, supporting import buying and keeping phosphate costs elevated for farmers and feed-grain production inputs.
reuters.com27 abr 2022Tras 151 eventos alcista de política pasados, DAP se movió una mediana de +0,0 % en 5 sesiones (50% al alza; mitad central entre -0,6 % y +0,9 %), y +1,9 % en 20.
Todavía no hay suficientes eventos comparables pasados para una lectura histórica.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.
India's $8bn phosphate subsidy approved April 27 reshapes demand and import pricing for DAP, the largest importer, and could trigger a sell-the-news reaction in a market at record highs, though a subsidy increase would normally be supportive.
