# Friday’s Insider: Discussion on DAP and India

> Analysis of India's DAP import market notes that the government has refused to raise phosphate fertiliser subsidies. With current subsidies, the import breakeven is no more than $505 per tonne CFR, so importers are losing money. Suppliers are still placing tonnes despite the weak economics.

- Date: 2024-07-26 · published 2024-07-26T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/29623-friday-s-insider-discussion-on-dap-and-india
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Import margins that are squeezed below breakeven can reduce Indian DAP purchases, which weighs on global phosphate prices unless buying resumes.

## Read by commodity

- DAP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2022-05-18 | [Global fertiliser rates soften after India’s cap on prices](https://feedsoft.ai/events/41715-global-fertiliser-rates-soften-after-india-s-cap-on-prices.md) | 0.0% | -11.0% |
| DAP | 2025-02-25 | [India’s Strategic Shift in Fertiliser Consumption – GKToday](https://feedsoft.ai/events/7459-india-s-strategic-shift-in-fertiliser-consumption-gktoday.md) | +1.7% | +1.8% |
| DAP | 2023-01-13 | [India will decide the global price of DAP in 2024, Mandaviya](https://feedsoft.ai/events/38104-india-will-decide-the-global-price-of-dap-in-2024-mandaviya.md) | +1.3% | -0.6% |
| DAP | 2024-03-04 | [India mulls focusing on nano-DAP to reduce conventional bags offtake - The HinduBusinessLine](https://feedsoft.ai/events/4298-india-mulls-focusing-on-nano-dap-to-reduce-conventional-bags-offtake-the.md) | +10.0% | -1.3% |
| DAP | 2026-02-27 | [Five-year review on Moroccan and Russian fertilizer tariffs gets underway \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/20914-five-year-review-on-moroccan-and-russian-fertilizer-tariffs-gets-underway-agri.md) | +4.9% | +4.5% |

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20240726-fridays-insider-discussion-on-dap-and-india/

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