India’s Nutrient Based Subsidy scheme provides eligible P&K fertilizers fortified or coated with zinc an additional ₹500 per tonne and those with boron ₹300 per tonne, on top of their regular subsidy. The article says these incentives remained unchanged for the Rabi 2025–26 season and notes that the NBS list was expanded to include additional fortified fertilizer grades.
The incentive encourages production and farmer use of micronutrient-fortified fertilizers, potentially supporting crop nutrition and fertilizer demand. Its effect on feed-commodity prices is indirect and likely limited.
After 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.