# Industry bats for long-term deals; govt aid for DAP under recoveries | Economy & Policy News - Business Standard

> India's government raised fertiliser subsidies for the second half of FY26 to offset rising DAP costs, but importers could still lose about ₹900 per bag because landed prices exceed the subsidy. Industry expects a special package and long-term import contracts to ensure supply during peak season.

- Date: 2025-10-31 · published 2025-10-31T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/4778-industry-bats-for-long-term-deals-govt-aid-for-dap-under-recoveries-economy-and
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

India is the largest DAP importer, so its procurement and any long-term contracts can firm global phosphate prices even as costs remain high.

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2025-10-31 | 1 | -4.5% | -8.6 | Indian importers face possible losses of about ₹900 per bag because landed prices exceed the subsidy, which could curb import buying at current levels and pressure DAP prices; the offsetting subsidy increase and expected special package limit the bearish impact. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-10-19 | [China's curbs on fertiliser exports may affect India, says report \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/44477-china-s-curbs-on-fertiliser-exports-may-affect-india-says-report-economy-and.md) | +0.4% | +5.4% |
| DAP | 2023-04-11 | [Fertiliser prices rise by Tk5 per kg as govt reduces subsidy \| The Business Standard](https://feedsoft.ai/events/36724-fertiliser-prices-rise-by-tk5-per-kg-as-govt-reduces-subsidy-the-business.md) | +8.6% | -3.4% |
| DAP | 2019-10-18 | [DAP, urea prices: Importers made windfall profits, govt concedes - Print - Business Recorder](https://feedsoft.ai/events/56876-dap-urea-prices-importers-made-windfall-profits-govt-concedes-print-business.md) | -1.5% | -12.0% |
| DAP | 2023-11-23 | [Russian government extends fertilizer export quotas for six months -  Business & Economy - TASS](https://feedsoft.ai/events/33095-russian-government-extends-fertilizer-export-quotas-for-six-months-business-and.md) | +0.9% | +3.9% |
| DAP | 2020-09-06 | [There is no fertiliser crisis in the country: Agriculture minister \| The Business Standard](https://feedsoft.ai/events/51418-there-is-no-fertiliser-crisis-in-the-country-agriculture-minister-the-business.md) | 0.0% | -0.6% |

## Sources

- business-standard.com: https://www.business-standard.com/economy/news/dap-subsidy-under-recoveries-centre-support-long-term-import-deals-125103101109_1.html

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