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Punjab asked the Centre for DAP supplies, citing a need of 5.50 lakh MT for 35 lakh hectares of wheat but receiving only 40,000 MT. The state also flagged international DAP shortages and fears of political allocation favoring Haryana.
A severe domestic DAP shortfall in India, a major importer, reinforces tight global phosphate supply and supports higher prices.
indianexpress.comKanchan VasdevAug 31, 2024After 250 past policy events, DAP moved a median +0.1% over 5 sessions (53% higher; middle half -0.6% to +1.3%), and +1.5% over 20.
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.
