# Deit Report : Fertilizers & Agricultural Chemicals - Phosphoric acid spread under pressure by Elara Capital

> 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.

- Date: 2025-06-14 · published 2025-06-14T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/24553-deit-report-fertilizers-and-agricultural-chemicals-phosphoric-acid-spread-under
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

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.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2024-05-07 | [US to raise Morocco phosphate fertilizer tariffs again \| Agriculture Dive](https://feedsoft.ai/events/30589-us-to-raise-morocco-phosphate-fertilizer-tariffs-again-agriculture-dive.md) | +6.6% | +7.7% |
| DAP | 2021-12-17 | [Itafos predicts high prices for phosphorus fertilizers — Fertilizer Daily](https://feedsoft.ai/events/43922-itafos-predicts-high-prices-for-phosphorus-fertilizers-fertilizer-daily.md) | +0.1% | -3.8% |
| DAP | 2025-10-13 | [Fertilizer prices rise amid China export limits](https://feedsoft.ai/events/22327-fertilizer-prices-rise-amid-china-export-limits.md) | -0.2% | -4.7% |
| DAP | 2021-09-28 | [China halts phosphate exports: Fertilizer prices ‘out of whack right now’ \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/4696-china-halts-phosphate-exports-fertilizer-prices-out-of-whack-right-now-an.md) | +5.2% | +6.1% |
| DAP | 2026-10-21 | [China's phosphate rock market is affected by the ban on phosphate fertilizer exports, affecting both prices and supply](https://feedsoft.ai/events/684-china-s-phosphate-rock-market-is-affected-by-the-ban-on-phosphate-fertilizer.md) | 0.0% | — |

## Sources

- investmentguruindia.com: https://investmentguruindia.com/newsdetail/deit-report-fertilizers-agricultural-chemicals---phosphoric-acid-spread-under-pressure-by-elara-capital479882

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