# Fertiliser stocks dip as global prices surge, farmers are hit hard | India News - The Indian Express

> Indian fertilizer stocks declined as global prices surged, and farmers in Haryana and Punjab reported DAP unavailable in local markets ahead of wheat and potato sowing. DAP stocks are now less than half of last year's levels. Farmers typically apply DAP as a basal dose before sowing.

- Date: 2021-10-16 · published 2021-10-16T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/44885-fertiliser-stocks-dip-as-global-prices-surge-farmers-are-hit-hard-india-news
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Severe domestic DAP shortages during peak sowing season point to strong import demand and tight phosphate supply, supporting higher global DAP and potash prices and pressuring farm margins.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲

## Sources

- indianexpress.com: https://indianexpress.com/article/india/fertiliser-stocks-dip-as-global-prices-surge-farmers-are-hit-hard-7575438/

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