
Farmers in several parts of Punjab reported difficulty obtaining DAP during the rabi sowing season, with some alleging that sellers charged about Rs 300 above the government-fixed price per 50-kg bag or tied sales to unwanted products. Farmers warned that delayed fertilizer access could postpone wheat sowing and affect crop productivity.
Tight local DAP availability and reports of above-cap prices point to near-term upward pressure on fertilizer costs in Punjab. If the shortage delays sowing or reduces application, it could pose a downside risk to regional wheat output and support wheat prices.
After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% over 20.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.