# Shortage of DAP may lower its usage in FY22: Ind-Ra - Daijiworld.com

> India Ratings and Research said elevated fertilizer prices and a DAP shortage are likely to reduce DAP usage in FY22, with farmers switching to SSP or NPK compounds. The agency noted international fertilizer prices are up 80% year on year due to higher phosphorus costs, China's export ban and energy prices.

- Date: 2021-11-17 · published 2021-11-17T12:00:00.000Z
- Category: market · region India · magnitude medium
- Page: https://feedsoft.ai/events/44336-shortage-of-dap-may-lower-its-usage-in-fy22-ind-ra-daijiworld-com
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

A shortage and higher international phosphate prices tighten DAP supply into India's demand season, supporting phosphate prices while demand destruction limits the upside.

## Read by commodity

- DAP: bullish ▲
- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- daijiworld.com: https://www.daijiworld.com/news/newsDisplay?newsID=894443

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