# IFFCO cuts retail prices of non-urea fertilisers - The HinduBusinessLine

> IFFCO, India's largest fertiliser cooperative, cut retail prices of DAP and NP/NPK complex fertilisers by 6-8 percent, effective July 10, 2019. DAP fell to Rs 1,300 per 50 kg bag, while neem-coated urea, which is government-controlled, stayed unchanged.

- Date: 2019-07-18 · published 2019-07-18T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/58397-iffco-cuts-retail-prices-of-non-urea-fertilisers-the-hindubusinessline
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Lower phosphate and complex fertiliser prices reduce input costs for Indian farmers, citing ample stocks and softer global raw material prices. The move is a modest signal of easing phosphate and fertiliser input costs.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/economy/agri-business/iffco-cuts-retail-prices-of-non-urea-fertilisers/article28545446.ece

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