
Global DAP prices have risen over 13% since April to about $652/tonne, per the report. Industry sources say the government may raise FY26 fertiliser subsidies to keep retail DAP prices unchanged, as landed import costs now exceed subsidies and retail prices.
Higher DAP import costs for India, the second-largest fertilizer consumer, keep phosphate prices firm and strain subsidy budgets, supporting elevated global phosphate values.
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.
Global DAP up 13% since April to about $652/t with Indian import costs exceeding subsidies shows strong momentum and demand-side buying pressure, though published a week before the move.