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Rock phosphate prices rose 10-20% in the past month across Jordan, Morocco, Togo and Egypt, following a rise in phosphoric acid prices. India's NBS policy, which raised phosphate subsidies by 45% in March, pushed DAP import prices up 13-17%.
Sulphur costs also rose sharply.
Higher subsidy-backed DAP demand and rising input costs lift phosphate fertilizer prices, which squeezes margins for processors and raises costs for feed phosphate buyers.
investmentguruindia.comJun 14, 2025Not enough comparable past events yet for a historical read.
After 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.
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.
