# ₹6,700 Crore Subsidy Dues Cloud Paradeep Phosphates' Outlook

> Paradeep Phosphates' management struck a cautious tone on its quarterly call, citing about ₹6,700 crore of subsidy receivables, with the Rabi NBS notification and a sulphur-related notification still pending. Management cited sulphur availability as a production constraint, reported some softening in sulphur and ammonia, and declined to give full-year or next-year guidance.

- Date: 2026-11-03 · published 2026-11-03T15:14:04.954Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/77936-6-700-crore-subsidy-dues-cloud-paradeep-phosphates-outlook
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Delayed subsidy notifications tie up working capital and affect how much phosphate fertiliser Indian producers can sell at subsidised prices. Sulphur constraints and expected input price corrections bear on phosphate margins and DAP supply in India.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2023-11-06 | [NCGA says lower phosphate duties not end of battle - Brownfield Ag News](https://feedsoft.ai/events/33499-ncga-says-lower-phosphate-duties-not-end-of-battle-brownfield-ag-news.md) | +0.9% | +3.9% |
| DAP | 2024-11-01 | [Fertilizer subsidy payout declines in April-September  - The HinduBusinessLine](https://feedsoft.ai/events/5408-fertilizer-subsidy-payout-declines-in-april-september-the-hindubusinessline.md) | 0.0% | -0.9% |
| DAP | 2023-07-31 | [Morocco rolls out a phosphorous-fueled plan to heal soils across Africa](https://feedsoft.ai/events/35369-morocco-rolls-out-a-phosphorous-fueled-plan-to-heal-soils-across-africa.md) | +2.0% | +3.5% |
| DAP | 2022-06-01 | [Fischer, Colleagues Call on USTR to Secure Long-Term Fertilizer Trade - Press - United States Senator Deb Fischer for Nebraska](https://feedsoft.ai/events/40884-fischer-colleagues-call-on-ustr-to-secure-long-term-fertilizer-trade-press.md) | -1.6% | +3.0% |
| DAP | 2021-05-20 | [CCEA approves increased prices for Phosphatic and Potassic (P&K) fertilizers vide notification dated 20.5.2021 to be rolled over for the whole year 2021-22](https://feedsoft.ai/events/47024-ccea-approves-increased-prices-for-phosphatic-and-potassic-p-and-k-fertilizers.md) | +0.5% | +4.2% |

## Sources

- blog.perivis.com: https://blog.perivis.com/2026/11/03/%e2%82%b96700-crore-subsidy-dues-cloud-paradeep-phosphates-outlook/

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