# IPL finalizes 1.346mt DAP purchase from 14 global suppliers at $930–935/t CFR - Fertilizer Daily

> Indian Potash issued letters of intent to 14 global suppliers for 1.3465 million tonnes of DAP at $930-935 per tonne CFR. Suppliers span Saudi Arabia, Morocco, Egypt, Russia, the US, Jordan and South Korea, reflecting difficulty sourcing Gulf-origin phosphate.

- Date: 2026-05-18 · published 2026-05-18T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/19576-ipl-finalizes-1-346mt-dap-purchase-from-14-global-suppliers-at-930-935-t-cfr
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Securing a very large volume at high CFR prices confirms firm global DAP demand and tight Gulf-linked supply, keeping phosphate prices elevated into the seasonal application period.

## Read by commodity

- DAP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2026-02-13 | [India Urea Tender Tightens Global Fertilizer Supplies Again - RFD-TV](https://feedsoft.ai/events/20534-india-urea-tender-tightens-global-fertilizer-supplies-again-rfd-tv.md) | -0.3% | +2.8% |
| DAP | 2026-08-24 | [Egypt's NCIC awards DAP at $915–920/t FOB in August tender, up from $890–900 in July — Fertilizer Daily](https://feedsoft.ai/events/18207-egypt-s-ncic-awards-dap-at-915-920-t-fob-in-august-tender-up-from-890-900-in.md) | -0.6% | +0.9% |
| DAP | 2026-05-21 | [Egypt's NCIC issues May/June fertilizer tender with DAP at $915–917/t FOB — Fertilizer Daily](https://feedsoft.ai/events/19577-egypt-s-ncic-issues-may-june-fertilizer-tender-with-dap-at-915-917-t-fob.md) | +0.3% | +1.3% |
| DAP | 2025-01-13 | [Tight global supply keeping fertilizer prices elevated \| Profitability \| farmweeknow.com](https://feedsoft.ai/events/26832-tight-global-supply-keeping-fertilizer-prices-elevated-profitability.md) | 0.0% | +2.0% |
| DAP | 2025-08-01 | [US fresh trade tariffs set challenges for the global fertilizers industry \| S&P Global](https://feedsoft.ai/events/23261-us-fresh-trade-tariffs-set-challenges-for-the-global-fertilizers-industry-s-and.md) | +8.3% | +8.2% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20260518-ipl-finalizes-1-346mt-dap-purchase-from-14-global-suppliers-at-930-935-t-cfr/

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