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India's government approved Nutrient-Based Subsidy rates for phosphatic and potassic fertilisers for Rabi 2026-27, with an outlay of about Rs 62,370 crore, over 64% above the prior Rabi season. Special provisions continue for DAP at Rs 1,350 per bag and for freight subsidy on SSP.
Larger subsidy outlays support Indian phosphate and potash demand during the rabi season, which can underpin global DAP and TSP prices. The fixed DAP price limits domestic farmer exposure to international swings.
superkalam.comNov 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.
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.
