
India's cabinet has set nutrient-based subsidy rates for phosphatic and potassic fertilizers for the rabi 2026-27 season, valid from 1 October 2026 to 31 March 2027. Per-kg rates are listed for nitrogen, phosphate, potash and sulphur, along with product-wise rates per tonne for DAP, MOP, NPK and other grades.
The decision also covers domestically produced and imported ammonium-based fertilizers.
Higher subsidies keep fertilizer affordable for Indian farmers and support demand for phosphate and potash inputs during the rabi season. For feed buyers this is a modest input-cost signal for oilseed and grain crops rather than a direct move in feed prices.
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.