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India's government asked fertilizer companies not to raise maximum retail prices for non-urea products such as DAP, MOP and NPK. It suggested alternatives like single superphosphate and bio-fertilizers instead of importing costly raw materials.
The price freeze shields domestic buyers but means producers absorb higher import costs, which could cut fertilizer application and supply in India.
timesofindia.indiatimes.comDipak K DashApr 9, 2021After 29 past neutral policy events, DAP moved a median +0.2% over 5 sessions (55% higher; middle half -0.4% to +1.3%), and +1.9% over 20.
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.
