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Indian complex fertilizer output rose 11% to 62.55 lakh tonnes in April-October FY25 as farmers shifted away from short DAP supplies. Total output of key fertilizers rose 2% to 302.41 lakh tonnes over the same period.
Growing complex fertilizer use reduces India's dependence on DAP imports at the margin. This shift affects the demand mix for phosphate and nitrogen inputs.
thehindubusinessline.comPrabhudatta MishraNov 27, 2024After 156 past report events, DAP moved a median 0.0% over 5 sessions (45% higher; middle half -0.6% to +0.9%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
