# India mulls focusing on nano-DAP to reduce conventional bags offtake - The HinduBusinessLine

> India is considering shifting its phosphate strategy toward nano-DAP to cut conventional DAP bag offtake, following its nano-urea push that reduced urea imports. DAP imports rose 6% in April-January, and the government raised the phosphorus subsidy for kharif 2024.

- Date: 2024-03-04 · published 2024-03-04T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/4298-india-mulls-focusing-on-nano-dap-to-reduce-conventional-bags-offtake-the
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

If India substitutes nano-DAP for conventional bags, its import demand for DAP could fall, which is bearish for global DAP prices, though the higher phosphorus subsidy partly supports domestic use.

## Read by commodity

- DAP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2019-10-11 | [IFFCO reduces retail prices of non-urea fertilisers by up to Rs 50/bag \| Market - Other Commodities - Business Standard](https://feedsoft.ai/events/8766-iffco-reduces-retail-prices-of-non-urea-fertilisers-by-up-to-rs-50-bag-market.md) | +0.1% | -10.7% |
| 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 | 2024-07-26 | [Friday’s Insider: Discussion on DAP and India](https://feedsoft.ai/events/29623-friday-s-insider-discussion-on-dap-and-india.md) | +0.6% | +0.9% |
| DAP | 2023-02-06 | [State chokes DAP fertiliser use to control soil acidity - Business Daily](https://feedsoft.ai/events/11837-state-chokes-dap-fertiliser-use-to-control-soil-acidity-business-daily.md) | -2.6% | -7.9% |
| DAP | 2023-04-27 | [Amit Shah launches nano DAP to cut import bill](https://feedsoft.ai/events/6334-amit-shah-launches-nano-dap-to-cut-import-bill.md) | -11.9% | -11.1% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/india-mulls-focusing-on-nano-dap-to-reduce-conventional-bags-offtake/article67913802.ece

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