# India signs multiple phosphate agreements | World Fertilizer

> Indian importers IPL, Kribhco and Coromandel signed a five-year offtake agreement with Saudi Arabia for 3.1 million tonnes per year of phosphates, mostly DAP. The cargoes will be priced on a spot basis, and the deal is tied to Ma'aden, Saudi Arabia's largest phosphates producer.

- Date: 2025-07-15 · published 2025-07-15T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/5402-india-signs-multiple-phosphate-agreements-world-fertilizer
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [TSP](https://feedsoft.ai/c/TSP.md)

## Why it matters

Secured volumes ease India's dependence on tight Chinese supply, which could moderate future DAP price spikes. Because pricing stays spot-linked, the immediate price impact is modest.

## Read by commodity

- DAP: neutral
- TSP: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2025-07-15 | 1 | +2.2% | 6.6 | A five-year 3.1 Mt/yr Saudi offtake by Indian importers, priced on spot, signals strong import demand and supply securing, which is bullish for spot DAP. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-07-15 | [Mint Primer: What India is now doing to avoid a fertilizer shock \| Mint](https://feedsoft.ai/events/5400-mint-primer-what-india-is-now-doing-to-avoid-a-fertilizer-shock-mint.md) | +2.1% | +10.3% |
| DAP | 2025-06-24 | [Egypt's NCIC announces phosphate fertilizer sales tender for July](https://feedsoft.ai/events/24551-egypt-s-ncic-announces-phosphate-fertilizer-sales-tender-for-july.md) | +0.7% | +3.8% |
| DAP | 2024-10-28 | [Morocco’s phosphate fertilizer exports to EU surge, securing a strong position in European market - The Morocco Post](https://feedsoft.ai/events/28198-morocco-s-phosphate-fertilizer-exports-to-eu-surge-securing-a-strong-position.md) | +0.9% | +0.9% |
| DAP | 2025-08-12 | [India’s RCF opens phosrock, MAP prices in tender \| World Ports Organization](https://feedsoft.ai/events/23652-india-s-rcf-opens-phosrock-map-prices-in-tender-world-ports-organization.md) | 0.0% | -2.8% |
| DAP | 2022-07-06 | [India hooked on diammonium phosphate from Russia](https://feedsoft.ai/events/40824-india-hooked-on-diammonium-phosphate-from-russia.md) | +4.7% | +0.3% |

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/phosphates/15072025/india-signs-multiple-phosphate-agreements/

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