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Indian Potash Limited disputed S&P Global Fertecon figures that put DAP CFR duty-unpaid import prices at $620-636 per ton. IPL says actual imports ranged $607-620, with the discrepancy tied to duty-exempt Australian imports.
The correction narrows the reported Indian DAP import price range, which matters for buyers benchmarking phosphate costs. The price implication is modest, since it clarifies data rather than changing supply or demand.
fertilizerdaily.comSep 11, 2024Not 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.
