# Fertilizer demand set to recover in rabi, but water stress clouds outlook

> The Fertiliser Association of India expects fertilizer demand to rebound in the rabi season after a weak kharif, helped by higher subsidies. Urea consumption is expected to stay broadly stable and DAP near last year's levels, while NPKS demand may moderate in Karnataka and Telangana. Reservoir levels at 178 major Indian reservoirs are down 27% from a year ago after a deficient monsoon.

- Date: 2026-11-15 · published 2026-11-15T15:17:50.006Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/101456-fertilizer-demand-set-to-recover-in-rabi-but-water-stress-clouds-outlook
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

India is the largest urea importer, so steady domestic urea demand and weaker NPKS use shape import needs and prices. Drought-related water stress could limit recovery and weigh on crop output.

## Read by commodity

- DAP: neutral
- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-06-12 | [ANZ and Rabobank look at the costs of fertiliser for 2023 \| Farm Weekly \| WA](https://feedsoft.ai/events/35431-anz-and-rabobank-look-at-the-costs-of-fertiliser-for-2023-farm-weekly-wa.md) | +1.4% | +5.6% |
| DAP | 2019-12-23 | [Growing Global P Demand Helps Outlook](https://feedsoft.ai/events/10019-growing-global-p-demand-helps-outlook.md) | 0.0% | +2.1% |
| DAP | 2022-11-07 | [Mosaic misses profit estimates on lower fertilizer prices, Hurricane Ian damage](https://feedsoft.ai/events/38990-mosaic-misses-profit-estimates-on-lower-fertilizer-prices-hurricane-ian-damage.md) | +0.7% | -6.0% |

## Sources

- livemint.com: https://www.livemint.com/news/fertilizer-demand-set-to-recover-in-rabi-but-water-stress-clouds-outlook-11794741964653.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.