# Global prices of DAP come down to $860; phosphoric acid prices likely to touch $1,500 - Rural Voice is a bilingual news platform which is filling the information gap by providing in-depth coverage of agricultural policies, technological advancements, cooperatives, public sector and rural development. It offers analytical content tailored for

> OCP and other producers have cut phosphoric acid prices, with Indian contracts signed at about $1,715 per tonne and expected to fall toward $1,500. DAP prices have also declined to around $860 per tonne, and industry sources expect further declines.

- Date: 2022-08-30 · published 2022-08-30T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/40364-global-prices-of-dap-come-down-to-860-phosphoric-acid-prices-likely-to-touch-1
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Falling DAP and phosphoric acid prices lower fertiliser input costs and ease India's subsidy burden, reducing pressure on farm margins for phosphate-dependent crops.

## Read by commodity

- DAP: bearish ▼

## Sources

- eng.ruralvoice.in: https://eng.ruralvoice.in/national/global-prices-of-dap-come-down-to-860-dollars-phosphoric-acid-prices-likely-to-touch-1500-dollars.html

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