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IFFCO, India's largest fertilizer cooperative, said it has no plan to raise the maximum retail price of DAP and NPK fertilizers for the rabi season. The company acknowledged a sharp rise in international raw material costs, including phosphoric acid, but said it would absorb them.
The statement followed an update from the Ministry of Chemicals and Fertilizers.
A domestic price freeze limits the pass-through of rising international phosphate costs in India, though import costs remain elevated and may pressure supply and margins.
business-standard.comCapital Market29 Sep 2020Setelah 151 peristiwa kebijakan bullish sebelumnya, DAP bergerak median +0,0% selama 5 sesi (50% lebih tinggi; separuh tengah -0,6% sampai +0,9%), dan +1,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
