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Argus Media published a market insight paper on India's DAP market, citing eroded domestic DAP inventories and poor import economics. The paper includes a new Argus India DAP cfr price forecast.
Low Indian DAP stocks and weak import margins raise the risk of tighter supply and higher phosphate prices, which lifts feed-phosphate and crop input costs.
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.