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Global DAP prices have risen above $720-730 per tonne, up more than $50 in two weeks from about $665-670. Industry sources say Brazil reportedly struck deals at $740 per tonne, and China's export curbs are adding pressure.
Indian importers are watching for clarity on nutrient-based subsidy rates ahead of the kharif season.
Aggressive Brazilian buying and Chinese export restrictions tighten phosphate supply, pushing up import costs for India, which relies heavily on DAP imports. Prices may climb further if the kharif buying season draws in more demand.
eng.ruralvoice.inAjeet SinghFeb 26, 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.
