# As DAP sales dip, farmers turn to more beneficial NPKS, shows data | Agriculture - Business Standard

> Indian data show DAP sales fell about 25% year-on-year in April-October FY25, with imports down nearly 30% to 2.78 million tonnes. Sales of NPKS complex fertilizers rose about 23.5% over the same period as farmers switched products.

- Date: 2024-12-03 · published 2024-12-03T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/27271-as-dap-sales-dip-farmers-turn-to-more-beneficial-npks-shows-data-agriculture
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Weaker Indian DAP demand and substitution toward NPKS reduce phosphate import needs, which is bearish for DAP trade volumes. The shift also suggests farmers are responding to price and availability, limiting the price impact.

## Read by commodity

- DAP: bearish ▼
- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2024-07-24 | [India’s fertilizers sale up in Apr-May on beneficial monsoon, but DAP offtake down  - The HinduBusinessLine](https://feedsoft.ai/events/29622-india-s-fertilizers-sale-up-in-apr-may-on-beneficial-monsoon-but-dap-offtake.md) | +0.6% | +0.9% |
| DAP | 2021-05-27 | [Urea sales jump 35pc in 4MCY21 - Business - DAWN.COM](https://feedsoft.ai/events/5695-urea-sales-jump-35pc-in-4mcy21-business-dawn-com.md) | +3.2% | +5.6% |
| DAP | 2020-04-02 | [AgroPages-OCP Group achieves MAD 54.9 billion turnover in 2019-Agricultural news](https://feedsoft.ai/events/53967-agropages-ocp-group-achieves-mad-54-9-billion-turnover-in-2019-agricultural-news.md) | +1.8% | +1.7% |
| DAP | 2023-04-13 | [Latest Data Shows Drop in Fertilizer Prices - MiningNewsWire](https://feedsoft.ai/events/5939-latest-data-shows-drop-in-fertilizer-prices-miningnewswire.md) | +1.6% | -9.7% |
| DAP | 2020-07-03 | [Global fertilizer prices expected to remain low over second half of 2020 - RealAgriculture](https://feedsoft.ai/events/52429-global-fertilizer-prices-expected-to-remain-low-over-second-half-of-2020.md) | +3.3% | +12.5% |
| UREA | 2026-01-23 | [Natural-gas prices have overshot as deep freeze hits the U.S., says Goldman - MarketWatch](https://feedsoft.ai/events/4407-natural-gas-prices-have-overshot-as-deep-freeze-hits-the-u-s-says-goldman.md) | +1.5% | +12.9% |
| UREA | 2020-08-20 | [1H results show ferts producers are yet to feel the impact from COVID-19](https://feedsoft.ai/events/51922-1h-results-show-ferts-producers-are-yet-to-feel-the-impact-from-covid-19.md) | -0.2% | -5.6% |
| UREA | 2022-09-02 | [Recovering Farm Income Jeopardized by Record Operating Expenses and Harvest Uncertainty \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/39581-recovering-farm-income-jeopardized-by-record-operating-expenses-and-harvest.md) | -5.4% | -10.5% |

## Sources

- business-standard.com: https://www.business-standard.com/industry/agriculture/as-dap-sales-squeezed-farmers-opted-for-more-beneficial-npks-shows-data-124120301163_1.html

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