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On November 11, 2026, India approved Nutrient-Based Subsidy rates for phosphatic and potassic fertilisers for the Rabi 2026-27 season, valid October 1, 2026 to March 31, 2027. The tentative outlay is about Rs 62,370 crore, over 64% above the prior Rabi season, and DAP is priced at Rs 1,350 per bag.
A much larger subsidy outlay supports Indian demand for phosphate and potash fertilisers by keeping farm-gate prices affordable, which can support import demand and global phosphate prices.
etvbharat.comETV Bharat English TeamNov 13, 2026After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
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.
