# Fertiliser output up as raw material prices fall

> Prices of phosphate and phosphoric acid have fallen significantly, prompting domestic Indian fertiliser producers to raise DAP output. DAP production is expected to reach 4.2 million tonnes in FY17-18, with Krishak Bharti, Deepak Fertilisers and Coromandel International planning capacity additions.

- Date: 2017-03-17 · published 2017-03-17T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/72289-fertiliser-output-up-as-raw-material-prices-fall
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Lower phosphate raw material costs and expanding Indian DAP capacity point to ample phosphate supply and softer DAP pricing, while a good monsoon supports fertiliser demand.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Sources

- insights.dsij.in: https://insights.dsij.in/article-details/articleid/18978/fertiliser-output-up-as-raw-material-prices-fall

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