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Punjab faces a 30% DAP shortage just days before wheat sowing, with the Centre promising extra supply by November 25. Alternatives like NPK, TSP and SSP are limited and expensive, and farmers are reluctant to switch.
Yield risk covers over one million hectares.
Continued Indian DAP shortfalls and reliance on costlier substitutes keep phosphate demand strong and support fertilizer costs for wheat and feed-grain production.
agriinsite.comThe Indian ExpressOct 29, 2024After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
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.
