# India fertiliser companies to raise potash prices after subsidy cut | Business News

> India cut fertiliser subsidies by 20% for the current fiscal year, and domestic companies plan to raise potash prices to farmers. Indian buyers also intend to seek lower prices in annual import contracts with global suppliers.

- Date: 2017-04-04 · published 2017-04-04T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/71429-india-fertiliser-companies-to-raise-potash-prices-after-subsidy-cut-business
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Higher Indian retail potash prices may dampen demand from a major importer, while bargaining for lower import prices pressures benchmark contract levels watched by other buyers.

## Read by commodity

- POTASH: bearish ▼

## Sources

- hindustantimes.com: https://www.hindustantimes.com/business-news/india-fertiliser-companies-to-raise-potash-prices-after-subsidy-cut/story-8PconCc6yjp1wHYPQfROCN.html

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