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India's Union Cabinet approved nutrient based subsidy rates for phosphatic and potassic fertilisers for the 2026-27 rabi season, with a tentative outlay of about ₹62,370 crore, roughly 64% above the previous rabi season. The rates apply from 1 October 2026 to 31 March 2027, and the DAP retail price is unchanged at ₹1,350 per 50-kg bag.
Higher government subsidies cushion Indian farmers from elevated global fertiliser prices, supporting fertiliser demand this season. The move does not change global phosphate prices directly, but it signals sustained Indian import demand for DAP and related inputs.
industrialfront.comPriyaNov 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.
