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Global DAP prices fell to $920 per tonne, nearly 10% below the previous week, after India's fertiliser ministry told companies to stop purchases above that level. The government has tied up supplies for the upcoming kharif season and reported DAP stocks of 3 million tonnes as of April 1, versus 1.8 million a year earlier.
India is the world's largest fertiliser importer, so its purchase cap removes a major bidder and pressures phosphate prices lower. Buyers of feed-related inputs should expect softer phosphate costs in the near term, though the broader fertiliser price level remains high.
timesofindia.indiatimes.comDipak K Dash / TNN / Updated: May 18, 2022, 07:47 IST2022. 5. 18.과거 하락 정책 이벤트 50건 이후, DAP은 5거래일 동안 중앙값 +0.9% 변동(상승 62%; 중간 50% 범위 -0.1%~+1.6%), 20거래일 동안 +0.9%.
각 품목 벤치마크의 이벤트 직전 종가 대비 변동. 과거 수치는 같은 유형의 과거 이벤트를 합산한 것으로, 일어난 일을 설명할 뿐 앞으로 일어날 일이 아닙니다. 투자 자문이 아닙니다.
India's cap on DAP purchase prices at $920/t and the roughly 10% weekly drop in global DAP prices point to demand-side price discipline from the largest buyer, a direct driver of the sharp fall.
India's cap on DAP purchases above $920/t pushed global DAP prices down nearly 10% in a week, a major demand-side driver of the decline.
