# Indorama raises MRP of DAP fertilizers | World Fertilizer

> Indian importer Indorama raised its retail maximum price (MRP) for DAP fertilizer from Rs28,000/t to Rs29,000/t. IPL and Iffco recently raised their MRP to Rs28,000/t, and this is the sixth MRP hike this year, which began from Rs21,720/t.

- Date: 2018-10-03 · published 2018-10-03T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/62846-indorama-raises-mrp-of-dap-fertilizers-world-fertilizer
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Higher domestic DAP prices driven by a weaker rupee and tight margins ahead of the seasonal demand lull point to firm phosphate costs for feed and crop inputs, with importers unlikely to boost purchases substantially in the near term.

## Read by commodity

- DAP: bullish ▲
- USDINR: bullish ▲

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/special-reports/03102018/Indorama-raises-MRP-of-DAP-fertilizers/

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