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IFFCO raised prices of DAP and NPK complex fertilisers in India, saying they are decontrolled and linked to global raw material prices. Potash imports rose to $280 per tonne from $230 a year earlier, and IPL planned to raise retail prices.
Higher imported phosphoric acid and potash costs are passing through to Indian fertiliser prices, tightening farm input margins. Firm nutrient prices support the cost base for crop production and the feed-grain outlook.
thehindubusinessline.comVishwanath Kulkarni, Rutam V VoraApr 8, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
