India plans to import 6.4 million tonnes of urea and 1.9 million tonnes of other fertilizers for the kharif season as West Asia tensions roughly doubled global prices. Officials said domestic retail prices for urea and DAP will stay unchanged and supply is adequate.
India's large import program keeps strong demand in the global urea market, supporting prices even as domestic prices are held flat. The added import bill signals tight global nitrogen supply.
After 176 past bullish trade events, Urea moved a median +0.1% over 5 sessions (51% higher; middle half -1.3% to +2.4%), and +1.6% over 20.
After 193 past bullish trade events, DAP moved a median +0.4% over 5 sessions (54% higher; middle half -0.3% to +1.8%), and +1.9% over 20.
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.