Loading…
The Indian Express explains why India is seeking to cut consumption of urea, DAP and muriate of potash, all of which are largely imported. It notes that MOP is wholly imported and that DAP and its inputs rely on imports, with rupee depreciation adding to the cost burden.
The article covers options for reducing use.
Lower import demand from India would weigh on global urea, DAP and potash markets over time. The effect depends on how quickly policy changes reduce consumption.
indianexpress.comHarish DamodaranFeb 24, 2025After 250 past policy events, DAP moved a median +0.1% over 5 sessions (53% higher; middle half -0.6% to +1.3%), and +1.5% 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.
