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India approved an additional subsidy of 57.16 billion rupees (about $757.8 million) for diammonium phosphate to keep retail prices for farmers stable despite a global price rally. The government had already raised its fertilizer subsidy by 140% in May for the 2021/22 financial year.
Phosphate prices have risen sharply, pressuring domestic makers to lift retail prices.
The subsidy supports Indian DAP demand and keeps import buying in place even as world prices climb, so it limits downside for global phosphate prices while signaling sustained fertilizer cost pressure on crop output.
reuters.com12 oct 2021Tras 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.
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.
