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Offers for phosphate fertilizer in an Indian Potash tender ranged from $930 to $1,100 per ton, with about 2.3 million tons offered against a need of roughly half that. Eighteen companies participated.
Heavy oversubscription at high prices shows strong import demand and elevated phosphate costs linked to Middle East disruption, which supports DAP price levels.
bloomberg.comPratik ParijaMay 7, 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.
