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The Indian government says reports of a DAP shortage are misleading, noting the farm-gate MRP has stayed at Rs 1,350 per bag and subsidy has been increased through two Cabinet decisions. It also cites availability pressure from geopolitical factors and longer shipping routes around the Cape of Good Hope.
Government subsidy support keeps domestic DAP procurement stable, but longer shipping routes and global supply strain still limit import availability and support phosphate prices.
pib.gov.in23 ott 2024Dopo 151 eventi politica rialzista passati, DAP si è mosso in mediana di +0,0% in 5 sedute (50% in rialzo; metà centrale da -0,6% a +0,9%), e di +1,9% in 20.
Variazioni del benchmark di ciascuna materia prima rispetto all'ultima chiusura prima dell'evento. Le letture storiche raggruppano eventi passati dello stesso tipo; descrivono ciò che è accaduto, non ciò che accadrà. Non è consulenza di investimento.
Indian government statement on DAP availability pressure from geopolitics and longer shipping routes, plus subsidy increases, points to strong Indian import demand and tight supply, which supports DAP prices.
The government acknowledged availability pressure from geopolitical factors and longer shipping routes and raised subsidies, which supports import demand and a firmer DAP price, though it also denied a shortage.
