# Global supply, uncertain subsidy mechanism may increase DAP price  - Pakistan Today

> Pakistan's DAP prices are rising on international markets, with global prices up about 27% in 2020 to $376/tonne in December and current offers in the $425-440 range. Most suppliers are sold out through January and February 2021 after record imports by India and Brazil. The government's farmer DAP subsidy has not yet been implemented due to federal-provincial disagreement.

- Date: 2020-12-31 · published 2020-12-31T12:00:00.000Z
- Category: market · region Pakistan · magnitude low
- Page: https://feedsoft.ai/events/49945-global-supply-uncertain-subsidy-mechanism-may-increase-dap-price-pakistan-today
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Tight global DAP supply and sold-out forward positions point to higher import costs for Pakistan, likely adding $70-80/tonne, which will push up local phosphate prices and could squeeze fertilizer affordability for farmers.

## Read by commodity

- DAP: bullish ▲

## Sources

- pakistantoday.com.pk: https://www.pakistantoday.com.pk/2020/12/31/global-supply-uncertain-subsidy-mechanism-may-increase-dap-price

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