Loading…
India's DAP stockpile is reported healthy ahead of the rabi sowing season, with DAP priced around $925 per tonne CFR, 14.34% higher than a year earlier. Sulphur, a key input for DAP production, is also discussed.
Adequate Indian DAP stocks reduce urgent import demand, but prices remain elevated year over year, keeping phosphate input costs high for farmers.
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.