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India's fertilizer ministry has recommended that national fertilizer companies form a three-month buying consortium to pool purchases of DAP, MOP, NPS/NPK blends and key raw materials. The first step was IPL's tender for 1.2 million tonnes of DAP and 400,000 tonnes of granular TSP.
Domestic TSP stocks fell to 374,000 tonnes at the end of April.
Pooled procurement strengthens India's bargaining power but also signals sustained, large import demand for phosphate and potash. This supports firm global prices, especially for DAP and potash.
fertilizerdaily.comKim ClarksenMay 14, 2026After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
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.
