India’s Cabinet approved introducing sulfur-coated urea, branded Urea Gold, at a price of Rs 266.50 per 40-kg bag. The price matches that of a 45-kg bag of neem-coated urea, and the government has notified fertilizer manufacturers to proceed with the launch.
Keeping the new product at the existing subsidized price avoids raising farmers’ purchase costs while expanding access to a sulfur-containing fertilizer. The policy could support fertilizer use and crop nutrition in India, but no direct commodity price impact is established.
After 26 past neutral policy events, Urea moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% 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.