Loading…
Indian fertiliser companies face higher costs as the Russia-Ukraine war pushes up natural gas and raw material prices for urea, DAP, NPKS and potash. Administered prices remain unchanged, so the government has raised subsidies for non-urea fertilisers.
Rising fertiliser costs in India, a major importer, could tighten supply for the kharif season and support crop input prices, with knock-on effects for feed grain demand.
business-standard.comSanjeeb MukherjeeMar 26, 2022After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.
After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% 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.
