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Business Standard reports a DAP shortage in northern India is pushing wheat and potato farmers toward NPKS complexes, which require roughly double the bag volume for the same phosphorus. In some areas DAP is out of stock or sold on the black market at nearly double the price.
Shortages and substitution raise farm input costs and shift demand toward NPKS, reinforcing firm phosphate prices and potentially squeezing rabi crop margins.
business-standard.comSanjeeb MukherjeeNov 10, 2024Not enough comparable past events yet for a historical read.
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.
