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India's Chemicals and Fertilizers Minister said fertiliser production will exceed demand for November, citing planned urea and DAP output above projected needs. He denounced shortage rumours and warned against hoarding and black-marketing.
Government assurances of adequate supply may ease panic buying, but ongoing DAP tightness in the market suggests availability and prices remain under pressure.
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.