# Urea, DAP sales rise 8% in Oct

> India's fertilizer sales rose 7.6% year on year to 667,000 tonnes in October 2024. DAP sales surged 91.9% to 309,000 tonnes, while urea offtake fell 22% to 358,000 tonnes. DAP and NP domestic prices rose about 1% each.

- Date: 2024-11-15 · published 2024-11-15T12:00:00.000Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/27740-urea-dap-sales-rise-8-in-oct
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Strong Indian DAP demand tightens import needs and supports DAP prices. The sharp drop in urea offtake, with a closing balance of 841,000 tonnes, is bearish for urea.

## Read by commodity

- DAP: bullish ▲
- UREA: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-11-24 | [DAP offtake increases 49% YoY in October](https://feedsoft.ai/events/44337-dap-offtake-increases-49-yoy-in-october.md) | +3.8% | +3.8% |
| DAP | 2021-12-28 | [DAP sales drop due to price hike](https://feedsoft.ai/events/43940-dap-sales-drop-due-to-price-hike.md) | 0.0% | -1.7% |
| DAP | 2024-11-02 | [Engro Fertilizers urea sales plunge 43%](https://feedsoft.ai/events/5409-engro-fertilizers-urea-sales-plunge-43.md) | -0.4% | -1.6% |
| DAP | 2021-12-26 | [DAP offtake plunges by 38% YoY in November](https://feedsoft.ai/events/43942-dap-offtake-plunges-by-38-yoy-in-november.md) | -2.5% | -4.1% |
| DAP | 2026-02-25 | [U.S. Fertilizer Prices Rise for Second Week as Urea Leads Nitrogen Rally](https://feedsoft.ai/events/20928-u-s-fertilizer-prices-rise-for-second-week-as-urea-leads-nitrogen-rally.md) | +4.7% | +4.5% |
| UREA | 2024-11-02 | [Engro Fertilizers urea sales plunge 43%](https://feedsoft.ai/events/5409-engro-fertilizers-urea-sales-plunge-43.md) | -2.0% | -1.9% |
| UREA | 2024-06-06 | [Risks in global food markets in six charts](https://feedsoft.ai/events/17022-risks-in-global-food-markets-in-six-charts.md) | +2.9% | +2.9% |
| UREA | 2020-06-25 | [US working natural gas volumes in underground storage rise by 120 Bcf: EIA \| S&P Global](https://feedsoft.ai/events/9805-us-working-natural-gas-volumes-in-underground-storage-rise-by-120-bcf-eia-s-and.md) | +3.4% | +7.3% |

## Sources

- mettisglobal.news: https://mettisglobal.news/urea-dap-sales-rise-8-in-oct/

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