Fertilisers import by India dips 44% in May, expected higher in June

After 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.

• Feb 18, 2025India’s fertilizers imports double in January; sales too surge - The HinduBusinessLine+0.4%
• Mar 30, 2023Fertiliser sales up 2% in Apr-Feb FY23 on higher urea, DAP offtake - The HinduBusinessLine-4.5%
• Sep 8, 2023India fertilizer industry on ‘wait and watch’ mode after China bans urea export - The HinduBusinessLine+1.4%
• May 9, 2022Fertiliser imports depend on enhanced urea output and reduced DAP offtake - The HinduBusinessLine0.0%
• Oct 8, 2024MP and Punjab: Lower DAP import feared to be behind shortage - The HinduBusinessLine+0.9%

Not enough comparable past events yet for a historical read.