# Press Release:Press Information Bureau

> India's Press Information Bureau said reports of DAP shortages in Punjab are misleading, citing supply of 92,000 MT of DAP to the state in October and current stocks of about 90,000 MT. It said the government will dispatch another 50,000 MT of DAP in early November and that retail fertilizer prices remain fixed at Rs 1350 per 50 kg bag.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/28179-press-release-press-information-bureau
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Government assurances of adequate DAP supply and fixed retail prices limit near-term upside for Indian phosphate import prices, though tight import flows remain a concern.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2019-12-17 | [Khusro Bakhtiar expresses concerns over increased DAP price](https://feedsoft.ai/events/5346-khusro-bakhtiar-expresses-concerns-over-increased-dap-price.md) | +4.0% | +4.8% |
| DAP | 2020-09-25 | [India’s Fertilizer Under Pressure \| World Fertilizer](https://feedsoft.ai/events/51053-india-s-fertilizer-under-pressure-world-fertilizer.md) | -1.3% | -0.4% |
| DAP | 2019-10-18 | [DAP, urea prices: Importers made windfall profits, govt concedes - Print - Business Recorder](https://feedsoft.ai/events/56876-dap-urea-prices-importers-made-windfall-profits-govt-concedes-print-business.md) | -1.5% | -12.0% |
| DAP | 2021-05-20 | [CCEA approves increased prices for Phosphatic and Potassic (P&K) fertilizers vide notification dated 20.5.2021 to be rolled over for the whole year 2021-22](https://feedsoft.ai/events/47024-ccea-approves-increased-prices-for-phosphatic-and-potassic-p-and-k-fertilizers.md) | +0.5% | +4.2% |
| DAP | 2021-04-09 | [Govt asks companies not to hike non-urea fertilizer prices, look for alternative to expensive raw materials - Times of India](https://feedsoft.ai/events/47934-govt-asks-companies-not-to-hike-non-urea-fertilizer-prices-look-for-alternative.md) | +0.2% | +6.7% |

## Sources

- pib.gov.in: https://www.pib.gov.in/PressReleasePage.aspx?PRID=2069712

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