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India's Union Cabinet approved Nutrient Based Subsidy rates for phosphatic and potassic fertilisers for the Rabi 2026-27 season, running October 1, 2026 to March 31, 2027. The estimated outlay is Rs 62,370.02 crore, over 64% higher than the previous Rabi season, and DAP continues at a fixed price of Rs 1,350 per bag.
Higher Indian subsidies support fertilizer demand and imports of DAP and other phosphates during the season, which can firm global phosphate prices. Fixed DAP pricing shields farmers from international price swings.
khanglobalstudies.comNov 14, 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.
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.
