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The Indian Cabinet approved rabi-season subsidy rates for phosphatic and potassic fertilisers, with an estimated outlay of ₹62,370 crore, up 64%. The government is keeping the price of a DAP bag at ₹1,350 despite higher global prices, and a separate subsidy applies to urea.
A larger subsidy keeps domestic DAP prices capped below import parity, which supports Indian demand and import volumes while limiting the pass-through of higher global phosphate prices to farmers.
jagratilahar.comNov 14, 2026After 29 past neutral policy events, DAP moved a median +0.2% over 5 sessions (55% higher; middle half -0.4% to +1.3%), and +1.9% 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.
