# Fertiliser manufacturers to benefit from price drop of phosphoric acid imports - The HinduBusinessLine

> Indian fertilizer makers are benefiting from phosphoric acid import prices that have dropped to about $1,200 per tonne from over $1,700 three months earlier. Shipping timing means the lower raw material costs will take roughly another month to reach the industry.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/39445-fertiliser-manufacturers-to-benefit-from-price-drop-of-phosphoric-acid-imports
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Cheaper phosphate inputs reduce fertilizer manufacturing costs in India, a meaningful but regional change with little direct effect on feed commodity prices.

## Read by commodity

- DAP: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/fertiliser-manufacturers-to-benefit-from-price-drop-of-phosphoric-acid-imports/article66060009.ece

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