Loading…
A World Fertilizer analysis reports weak profitability for Indian phosphate and potash producers through FY2016 to FY2020. Government fertilizer subsidy arrears are projected to rise from about Rs 470 billion to Rs 570 billion by FY2021, with risk of a much larger backlog if budgets are cut.
Subsidy payment delays may strain Indian producers and affect their import and output decisions, which can influence global urea and phosphate demand and prices.
worldfertilizer.comJessica CaseySep 25, 2020After 26 past neutral policy events, Urea moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% over 20.
After 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.
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.
