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Indian importer NFL likely bought 60,000 t of DAP in two 30,000 t cargoes at high-$920s/t CFR. FACT separately closed a 50,000 t DAP tender on August 18 with four offers.
China's DAP and MAP export restrictions remain in place through August.
India's entry into peak import season ahead of the October–March rabi planting, combined with Chinese export curbs, is likely to keep global DAP prices firm.
fertilizerdaily.comKim ClarksenAug 24, 2026After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% 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.
